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Deduction of TDS on Clinical Trials

1406 views 5 replies

Hello All,

I'm Working in a hospital as an account personnel. One of our doctor is doing vaccine clinical trial which is sponsored by a third party. The third party releases Rs,90,000/- as PI Fees after deducting TDS Rs.10,000/- to the organisation. Now, the same has to be reimbursed to the doctor as PI fees. Shall I Deduct TDS on such payment. If yes, under which Section.

PLease suggest

Replies (5)
I think TDS required to be deducted in 194J,
Wait what other views.
194J for Professional Fees

thanks everyone for your valuable comments

Yes tds is to be deducted under sec. 194J of Act. 

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