My Question is relating to TDS deduction I have hired few teachers from a English coaching institute But I paid the fees through cheque in the name of the company from which I hired
Should I deduct TDS for the payment to a company for English training to my students?
You may be required to deduct 2% TDS under Section 194J if the payment for training/technical services to the company exceeds ₹50,000 in a financial year. Ensure you have the company's PAN to avoid a higher deduction of 20%. If you are an individual/HUF not liable for tax audit, you may be exempt; otherwise, compliance is mandatory. Consult a tax professional for your specific case.
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