Tds liability

This query is : Resolved

Guest

Guest (Querist)

04 March 2013 Hospital is liable to tax audit having a turnover above 2 cr. It is making payment of Rs.25,000 per lab per day to various labrotories for tests. Whether there would be any TDS liability on hospital??

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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04 March 2013 It paying labrotories fee i.e it is professional fee so liable to TDS u/s 194J.

For all individuals,hufs and firms who are liable to tax audit is required to deduct TDS for it's payment which are liable for TDS for company must and should deduct TDS for it's payment which are liable for TDS errespective of is liable for tax audit or not.

So you are liable to deduct TDS u/s194J.

OM SAI SRI SAI JAI JAI SAI

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