Tds on guide charges

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Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2014 Sir,
I want to know that what will be the TDS rate and in which u/s will come for guide charges .
Because I doubt about the rate and u/s so please help me

Sandeep Dharar

Sandeep Dharar (Expert)

08 May 2014 What type of guide charges u r paying plz elaborate.

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Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2014 Sir I am working in Travel Agency company.
And we hire the guide for guest and the guide is always give us bill for more than 5 or 6 guest together and we pay to him for guide fee day wise .

Sandeep Dharar

Sandeep Dharar (Expert)

08 May 2014 Look dear, if the amount paid to guides exceeds Rs. 30K in any time in the FY whether single bill or in agreegate then TDS will b applicable as per section 194J(Professional fees). The rate of TDS is 10% on the amount paid exclusive of Service Tax(if applicable).

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Querist : Anonymous

Querist : Anonymous (Querist)

08 May 2014 Thank you very much sir for you reply.

But I want to know that in which case the TDS rate will be 1% under section 94c non companies individual.(is it applicable or not)

Sandeep Dharar

Sandeep Dharar (Expert)

08 May 2014 TDS u/s 194C:-

Conditions:
TDS will b deducted if payment to contractor/sub-contractor exceeds the limit of Rs 30K(single Bill) & Rs. 75K (in agreegate)

Rate:
For Individual/HUF - 1%
For Others - 2%

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