Tax deducted at source
Querist : Anonymous
I want to know in whether TDS will be deducted or not???
If deducted in which Head?
As a interest TDS to be deducted
Querist : Anonymous
It is a onetime charges taken by them.
In one of my client case the bank itself said to deduct the TDS but did not say the head under which deduction to be made. We were confused under which head deduction should be made..?
We came up with two section 194H (Payment of commission and brokerage) and 194J (Professional Services)... Then we came to the conclusion that it should be deducted under section 194H...
Other opinion of the expert awaited.
Click here to login now
Similar Resolved Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- FORM 26A APPLICABILITY
- Regarding TDS Applicability For Director Remuneration
- Annual return in Gst
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
