Tds query

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

 

 

 

 

Replies (17)

It s a professional Fees and Deduct TDS U/s. 194J

agreed with Rakesh

In my view as well, its professional income.

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

It falls under 194C

agreed with Rajneesh

Yes its payment to contractor & falls u/s 194C

As a contract under sec.194C

TDS to be deducted u/s 194J e.g. naukri.com, monsterindia.com etc........

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

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

Its 194J.

Circular No 715 dated 8/8/1995 & Question No. 12.

TDS will be deducted as per rates applicable to contractors U/S 194C

It is under Sec 194J. Refer department circular 715 dt 08.08.1995

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