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Part Time accountant service

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How should be part time accounting treated and is it liable for TDS.
Replies (6)
Yes... It's liable to TDS if it's considered under employment/consulting

Professional fees liable to TDS u/s 94J @ 10%.

If consulting then TDS will be deductible u/s 194J
If professional fees paid or credited to your account in aggregate during the FY is not more than 30000/- by each party - in that case no TDS is required under 194J.

Otherwise 10% TDS under 194J
@ pravin tds certificate is required by the deductee.
the tax deducted needs to be claimed back after he files his return.
Please address your post to the querist.


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