TDS on fees of doctor regarding IT project.

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Finance Executive
25 Points Posted on 28 January 2023
Dear all,
please clarify, A IT company took Consulting from Doctor regarding healthcare project. so, What will be the TDS section applicability and % of TDS deductions on Fees of the doctor?
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On 28 January 2023 at 16:07 Report
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Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) applicable to fees paid to a doctor for consulting on an IT healthcare project. The consensus is that TDS should be deducted under Section 194J of the Income Tax Act at a rate of 10%. This applies when the total payment to the doctor exceeds £30,000 in a financial year, as the service is considered professional.

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Chartered Accountant
1005 Points Posted on 28 January 2023

TDS has to be deducted u/s 194J @ 10% as it is a professional service.

Provided that the amount payable or likely to be paid exceeds more than Rs. 30,000 in a financial year

In case of any further queries, kindly mail me at casoravgupta @ gmail.com

Thanks & Regards
ACA. Sorav Gupta
(Practicing Chartered Accountant)

1 Reply
On 28 January 2023 at 17:30
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CFO- at NHTF
58280 Points Posted on 29 January 2023
Tds u/s 194J at 10%
4 Reply
On 29 January 2023 at 13:38

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