Tds liability on seminar fees for employees

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This query is : Resolved

Guest

Guest (Querist)

10 August 2011 Hello friends

plz tell me that is there any TDS laibility in case of seminar fees paid by the company for its employees to an outside organisation??? in case it is applicable then under which section.

Kindly reply...

Thanks
CA Shivangi Garg

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

10 August 2011 TAx Deduction to be made U/s 194J, hoping that the company is expending money to upgrade the knowledge, skills etc.

Guest

Guest (Querist)

10 August 2011 Thanks Paras Sir for the awaited reply..

But sir in case the seminar is open to all and it is not meant specifically for the concerned compnany, then also TDS is deductible??? there is no contract for same btw the compnay and outside organisation..

CA PARAS BAFNA

CA PARAS BAFNA (Expert)

12 August 2011 Contractual obligation is not necessary in such a case. The payment has to be seen from the view point of company. After all it is going on A/c of Professional Fee for the company.

More over, the TDS amount + Professional Fee is the Total Liability of your company.
It is to be discharged in a judicious manner. Professional will never say that his services are not Professional Services. Then why we should treat in other manner?

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