TDS on Professional Services. Payment more than Rs 1 Cr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2010
Whether on payment for Professional services more than Rs 1 crore to Individuals, Firms, HUF, company ( all residents ) surcharge and education cess @ 7.5% and 3% applicable on 10% u/s 115J.
OR is it applicable only to Companies . Pl confirm.
OR is it applicable only to Companies . Pl confirm.
12 July 2010
TDS on professional fees paid to any one and any amount to be deducted u/s 194J is flat 10% only for F. Y. 2010 - 11.
12 July 2010
Agreed, on TDS , there is no surcharge and education cess even if payment is more than i crore, except tds on salary.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Reporting in TDS return
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Gst on travel by air for business purposes
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Banking Related Issue
- Residential status of non resident
- ITR-3 File/Error Found
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
