TDS RATE ON CONSULTANCY INCOME

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Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2010 I just want to know about now how much TDS deducted in Consultancy income?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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31 July 2010 10 % as per sec.194J

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 July 2010 10% on entire bill amount including service tax u/s 194J.

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2010 This sec relate to income like personal or rental and interest income but consultancy income is different.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 July 2010 Section 194A - Interest
Section 194I - Rent
Section 194J - Professional or technical services
Section 194H - Brokerage.

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2010 I dont know about the sections yaar just tell about the consultancy income am just confuse it 2% our change in this month to 1% so please if u have knowledge about this share with me?

srinath

srinath (Expert)
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31 July 2010 for professional and consultancy it is 10%

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 July 2010 Visit this link for rate chart https://www.caclubindia.com/share_files/new-tds-rules-28378.asp

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2010 I HAVE FORM 16 GIVEN BY MY DEDUCTING PERSON HAVE DOUBT THIS IS NOT CORRECT SO I WANT TO UPLOAD CAN U CHECK AND SAY ABOUT THIS OR HOW CAN I KNOW ABOUT YOU.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 July 2010 Form 16 is for salary not for consultancy

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2010 OH SORRY ITS FORM 16A

Aditya Maheshwari

Aditya Maheshwari (Expert)
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31 July 2010 nature of Payment must be mentioned in the certificate itself.

Please check.

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