WE HAVE PAID Rs.80000.00 FOR WEB DVEOPING AND HOSTING AND THER RELATED EXPENSES SHOULD WE DEDUCTED TDS FROM THIS PAYMENT AT WHAT RATE?
BIPIN SHAH (B.Com) (29 Points)
03 July 2013WE HAVE PAID Rs.80000.00 FOR WEB DVEOPING AND HOSTING AND THER RELATED EXPENSES SHOULD WE DEDUCTED TDS FROM THIS PAYMENT AT WHAT RATE?
Mihir
(Wealth Manager)
(5293 Points)
Replied 03 July 2013
U/s 194C at the rate 1% if paid to individual or 2% if paid to company.
CA Deepak Rathore
(EXPERT)
(281 Points)
Replied 03 July 2013
FIRST SEE THE STRUCTURE/NATURE OF BILL CAREFULLY
NORMALLY THIS TYPE OF SERVICE IS PROVIDED BY A PROFESSIONAL PERSON
THERFORE DEDUCT U/S 194J @ 10%
Vaisakh Ayyappan Prakash(VAP)
(student)
(474 Points)
Replied 03 July 2013
Yes TDS would be deducted U/S 194J on web designing charges at 10% as this amount exceeds the limit of 30000
KAVIRAJA ADDANGADI
(PROPRIETOR)
(15981 Points)
Replied 04 July 2013