If a company makes a contract with a chartered accountant for rendering services as per the given scope of work , then would it be taxable under Contractor or Professional Charges .
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TDS Liablity
Replies (9)
Sec194j professional charges
U/S 194J
Thanks
yes it comes under 194j
hallo anshul
Can you explain the phrase" as per the given scope of work".
If it is interpreted as "provide the way of working " than it can be chargeable in sec.192
hope i am correct
| Originally posted by :Anshul | ||
| " |
If a company makes a contract with a chartered accountant for rendering services as per the given scope of work , then would it be taxable under Contractor or Professional Charges .
this is covered under professional service not under contract so applicable rate is 11.33% |
" |
| Originally posted by :halim siddiqui | ||
| " | hallo anshul Can you explain the phrase" as per the given scope of work". If it is interpreted as "provide the way of working " than it can be chargeable in sec.192 hope i am correct |
" |
hi halim ,
thanks for your reply . Scope of work here was that the company has provided a list of works that had to be done by the CA such as e-filling of TDS , Vat Compliances n all
If there is no employer & employee relationship than TDS would be deuctable under section 194J.
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