TDS in case of lead provided by third party

i am running a coworking space (that includes rented space along with furniture, ac etc)

i get my booking from third party

 

customer comes from third party and all the payments comes through third party only

i would like to ask the tds to be deducted by third party

 

for example

 

base price is 100 rs

they deduct 10% from it and 90 rs is left

 

now how much tds they will deduct on 90 Rs or is there any provision where this tds will not be deducted

 

please note both third party and us are registered companies

Replies (1)

Dear Sir,

It is a referral fees in general terms which will qualify for tds deduction at 10% under section 194J.

Infact, in budget 2020, only Technical services are given tds rate of 2% which in your case will not be applicable 

.for any further details kindly drop email to psandac @ gmail.com 

 

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