Tds for doctor cunsulting fees

Others 4779 views 3 replies

Dear,

    Please tell me If I paid  Rs.10.000/- to a doctor for cunsulting in our company . Than can I deduct TDS on that payment. My company is pharmacutical.

Replies (3)

if amount cross of Rs. 30000 during the year the deduct the TDS @ 10% under section 194J

The nature of payment you specified here is consulting and if it is pure consulting it will come under Professional Fee and 10% tax need to be deducted if the payment cover 30k.  If it is in any nature of commission you should deduct tax @ 10% on the payment as it is over 5k

u can deduct tds if ur payments to doctor exceeds more than 30000


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