Tax on business n profession
This query is : Resolved
S.Rajesh kumar
(Querist)
24 September 2013
if my friend paying rs150000 to us company regarding licences n software so how much tds is need to paid
Mohan Babu.L
(Expert)
25 September 2013
Hi Rajesh,
TDS of 10% under TDS professional services (194J) is applicable. TDS is to be deducted after adding Service tax(if applicable) to the actual professional charges. Good Luck...
TDS of 10% under TDS professional services (194J) is applicable. TDS is to be deducted after adding Service tax(if applicable) to the actual professional charges. Good Luck...
05 October 2013
TDS is 10% and if your turnover is less then 10 lacs then no service tax other wise you have to add ST and on that also 10% to be deducted as TDS
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