TDS on outsourcing
This query is : Resolved
B R Ramesh
(Querist)
22 December 2008
Dear Sir,
We are doing accounts outsourcing I.e
we are placing accountant & assistant in our client place as contract basis. & he will work in the client place only & he will take care of day to day accounts & statutory & taxation.
therefore this kind of services whether my client should deducted the TDS 10.3% (professional)OR 2.06% Contract.
We are doing accounts outsourcing I.e
we are placing accountant & assistant in our client place as contract basis. & he will work in the client place only & he will take care of day to day accounts & statutory & taxation.
therefore this kind of services whether my client should deducted the TDS 10.3% (professional)OR 2.06% Contract.
22 December 2008
Ramesh
You will also be covered under service tax being business aux services.
Pl ensure that your bill is with service tax and you got registered under service tax act in form ST1
On TDS it will be under profession and not contract hence TDS deduction applicable @ 10.3% and not 2.06%
God bless u
visuiyer@yahoo.com
You will also be covered under service tax being business aux services.
Pl ensure that your bill is with service tax and you got registered under service tax act in form ST1
On TDS it will be under profession and not contract hence TDS deduction applicable @ 10.3% and not 2.06%
God bless u
visuiyer@yahoo.com
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