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?
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Tds on wab developing charges
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U/s 194C at the rate 1% if paid to individual or 2% if paid to company.
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%
Yes TDS would be deducted U/S 194J on web designing charges at 10% as this amount exceeds the limit of 30000
WEB DESIGN IS PROFESSIONAL CHGS, TDS APPLICABLE U/S 194J @ 10% IF IT EXCEEDS RS.30000PA FOR PARTICULAR PERSON .
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