TDS

CS GK Murty (Company Secretary) (225 Points)

16 February 2011  

Dear expert members,

We are professionals and charge our clients group companies as professional fees under three bills in favour of M/s. X, Y, Z. However, the bill amount in each case does not exceed Rs. 20000/- i.e. 15,000/-, 10,000/- and 5000/- (annual charges) but deductions were made in respect of TDS @ 10%. 

Please throw some light on whether such deductions are tenable?