One of my friend (kaushal)who has passed ca final one grp and completed articleship (semi qualified )
assisted doing a task of project financiang to his friend (raj) on assignment basis (throgh his experience and requisite skill)
He is not doing job anywhere.
Now raj wants to pay rs 60000 to him
Is raj required to deduct tds????
Is Mr kaushal a professional us 194J of income tax act????
But Mr Manoj
Is kaushal a professional u/s 194J as he has not yet passed CA exam???
so his tax is rqd to be deducted u/s 194j???
How can i know the total tds payments made by monthly wise and in section wise... of my client
In order to be a professional pass in CA Final is not absolutely necessary for the purpose of tax deduction at source under 194J. It is necessary that service is rendered with special skills, knowledge etc which an ordinary man would not possess.
Thanks,
agreed with above discussion
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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