Dear all,
may i seek your imp advice on the income tax on the amount recieved as honorarium for university exam supervison and exam copy checking?
does it fall under TDS in income tax?
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Income tax on the honorarium for exam supervision, examiner
Replies (3)
yes it would fall u/s the ambit of section 194J. If the total amount paid crosses 30000 Rs, then TDS @ 10% will be requried to be made.
| Originally posted by : Giridhar S Karandikar | ||
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yes it would fall u/s the ambit of section 194J. If the total amount paid crosses 30000 Rs, then TDS @ 10% will be requried to be made. |
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what if the sum total is less than Rs 30000, say, Rs 15000?
Then no TDS needs to be made if the payments made during th year does not exceed Rs 30000.
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