TDS on payment made to professors
Querist : Anonymous
A college hires services of 2 Professors.
One is for Accounting and other is for
Economics.
College do not want to take them on payroll. It pays Rs. 30000/- per month to the professor of Accounting and Rs 1000/ per lecture to the professor of economics.
The yearly payment amounts to be Rs 300000/ and Rs 270000/ respectively.
Whether TDS is required to be deducted ?
If yes ? under which section it has to be deducted ?
Querist : Anonymous
Sir, when college appoints an on line service provider to educate its students, and the service provider is paid Rs. 300000/- ( @ 25000/ pm.)
TDS is required to be deducted on the payment but under which section 194C or 194J?
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