Tds on contractual employees

This query is : Resolved

ABHISHEK AGARWAL (Querist)
Follow

30 January 2012
Dear Professional,

I have query that in case of educational institution where majority of employees are on contractual basis.
1)Would payment to faculties attract TDS u/s 194J or any other section
2) Payment to contractual employees other than faculties would under which section

With Regards,

CA Abhishek Agarwal

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

30 January 2012 If the contract employees service is professional nature TDS u/s.194J,Otherwise 194C

Faculties covered under Professional only so section 194J. Other staffs can be covered under 194C, subject to threshold limit

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