Tds on website maintenance
This query is : Resolved
17 November 2014
We have paid Rs. 32000/- for Website Maintenance to M/S. Web Studio. TDS is deducted @2% considering the same being in contact nature.
Kindly guide me whether the same is liable to be deducted @10% considering the same being rendering of professional or technical services???
Kindly guide me whether the same is liable to be deducted @10% considering the same being rendering of professional or technical services???
Nikhil Kaushik
(Expert)
17 November 2014
ideally yes, 10% TDS should be deducted on such payments...
18 November 2014
But if we consider the definition of Professional & Technical Services, then the services rendered by Web Studio does not fall in the Professional & Technical Services likewise " Director Remuneration " as TDS is deducted under Section 192 and not under 194j.
Kindly guide...
Kindly guide...
Nikhil Kaushik
(Expert)
18 November 2014
why don't they fall in the definition of professional and technical services? any specific case law on that?
and further, director remuneration is covered under 192 only for executive directors....non-exec directors are covered under 194J only
and further, director remuneration is covered under 192 only for executive directors....non-exec directors are covered under 194J only
18 November 2014
adn what about sitting fees to independent directors?????
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