Tds

Save Share

This query is : Resolved

Chiraag Sharma (Querist)
Follow

20 August 2013 ABC pvt ltd has engaged in the business of pesticides and chemicals. It has paid Rs.66,478 as a analysis fees to one of the person who is resident. Wheather ABC Pvt Ltd is liable to deduct TDS U/S 194J ??

@VaibhavJ

@VaibhavJ (Expert)
Follow

20 August 2013 Hi

Yes TDS is required to make.

Thanks//Vaibhav

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

20 August 2013 Yes,TDS 194J will be applicable

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

20 August 2013 Deduct 10% on the amount u/s 194J.

Chiraag Sharma

Chiraag Sharma (Querist)
Follow

23 August 2013 thanx for all valuable reply.....
Please refer some lines of section 194 j which is related to the aforesaid case.

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

23 August 2013 You mentioned that it is paid towards analysis...
.
.
which can be done by application of professional knowledge and which will be included in ambit of 194J...
.
.
please refer to section.194J and come back if any doubts on applicability

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!