Hi ,
we recruited an engineer for doing design work for a period of 6 months starting frrom june.
during the period he will earn roughly 14lakhs
do we have to deduct 10% TDS
Menu
TDS for engineer who was hired for 6 months contract
Replies (3)
Quick Summary
I think you have to deduct TDS under 194 J of the Income Tax act 1961 , please confirm with others also
Could you elaborate the nature of work done by Engineer? Because 194j is depends on the nature of work of technical services provider. An engineer may provide technical services but he can also come under contract which attracts section 194C (1%/2%).
If he is engaged as consultant then you need to deduct TDS in 194J. rate have beed reduced fo 7.5% from 10%
Recent Topics :
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
Related Topics :
CAclubindia
