Tax on business n profession


This query is : Resolved 

24 September 2013 if my friend paying rs150000 to us company regarding licences n software so how much tds is need to paid

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...

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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