Hi
Pl sugest on the below
if a Company hire some condidate thru A Job consultant & pay the amount to consultant . on which category TDS on amt given to consultant , Contract or Proffessional
thanks
RAKESH
(Almost CA)
(2199 Points)
Replied 04 December 2011
It s a professional Fees and Deduct TDS U/s. 194J
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 05 December 2011
Rajneesh Kumar
(Finance & Accounts)
(29 Points)
Replied 05 December 2011
Hi
It will fall down in Contract 194C the reason is that he is providing you man power,
In Many companies are hiring Manpower for their production as well as packing or Despatched.
Before tacking man power from Consultatnt or Man power bueru company have to made a Agreemne tof the same.
And this agreemnt fall down under Contract.
Professinal TDS attarct where we are receiving service for Recruiting Man power in our company on roll In this case we have to Deduct TDS-Professinal.
Hope it will complete your query.
Regds
Rajneesh
Roshan A
(Chartered Accountant)
(458 Points)
Replied 05 December 2011
Yes its payment to contractor & falls u/s 194C
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 05 December 2011
TDS to be deducted u/s 194J e.g. naukri.com, monsterindia.com etc........
Mayank Kothari
(CA)
(919 Points)
Replied 05 December 2011
the person is Job Consultant and he has provided the professional service by providing the company required candidate,,
and hence the same will be covered under section 194J and tds to be deducted thereon
CA Gaurav Jain
(Charterted Accountant)
(156 Points)
Replied 05 December 2011
I agree with Rajneesh Kumar because when some one do contract with some for getting the service of others than it is falling under Sec - 194 C...
So same shall be fall under Sec - 194C for dedcuting the TDS
Learner
(Student)
(409 Points)
Replied 05 December 2011
Its 194J.
Circular No 715 dated 8/8/1995 & Question No. 12.
shashank
(CA final student)
(259 Points)
Replied 05 December 2011
TDS will be deducted as per rates applicable to contractors U/S 194C
j.r.kota
(proprietor)
(78 Points)
Replied 06 December 2011
It is under Sec 194J. Refer department circular 715 dt 08.08.1995
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