TDS applicability on lab test

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i
263 Points Joined May 2018

Whether TDS applicable on medical lab services. In my case , i am running a medical lab and I collect swab from public and give it to another lab for testing purpose. The lab which I give swab for testing purpose issue invoices with my lab name. Is  TDS was applicable on  these invoices. 

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On 03 February 2022 at 00:06 Report
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CFO- at NHTF
58280 Points Joined August 2012
Yes.Its applicable under section 194J if the amount exceeds the limit
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On 03 February 2022 at 06:49
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28118 Points Joined May 2017
Generally no one deducts tds while collecting swab from individuals. Instead when the assesse files his return of income the company pays tax.
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On 03 February 2022 at 09:34
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i
263 Points Joined May 2018

Here company outsource lab from other lab

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On 03 February 2022 at 09:44
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CFO- at NHTF
58280 Points Joined August 2012
While making the payment towards outsourcing of lab testing, Tds has to be deducted under section 194J at the rate 10%
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On 03 February 2022 at 14:31
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28118 Points Joined May 2017
Tds is tax deducted at source.
Certificate for tds has to given /furnished to pan.
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On 03 February 2022 at 15:15
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CFO- at NHTF
58280 Points Joined August 2012
Question is Tds is applicable or not .

Answer is Tds applicable under section 194J
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On 03 February 2022 at 18:51
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28118 Points Joined May 2017
Not for individuals but in case the lab outsource the job to someone and it crosses threshold then it is applicable.
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On 04 February 2022 at 07:55


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