Dear Friends,
Please suggest,
Actually we have some subcontractors for labour supply,
We hired a consultant for subcontractors PF calculation and deposit to the department.
Now consultant billed us for his consultancy charges,
Then we are going to pay and same we'll recover to the subcontractors.
Please suggest have we to deduct TDS or not on consultancy charges.
Regards,
Rajeshwar Jaiswal
Yes , TDS has to be deducted u/s 194J on consultancy charges if a single payment exceeds Rs. 20,000 or aggregate payment made to him during the year exceeds Rs. 30,000.
Deduct 10% u/s 194J, Check their PAN number.
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CCI
Pro
CAclubindia
