TDS rate.......?

Follow 4 Replies

Start a discussion Unanswered

jaheer hussain 19 January 2019

tell me what is TDS rate for doctors and engineers . what is amount

2 Like

CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more. know more

Ruchika Somani (Coaching and Practice in Tax Audit Law.) 19 January 2019

For doctors 10% u/s 194J since they are professionals.

If engineers working as professional then 10% or else if working on contract basis then 2% or 1%( in case of individual or HUF) u/s 194C

1 Like

hary (CA) 19 January 2019

It depends on how these persons engaged with us

If They engaged as regular employees (regular terms of employment) irrespective of their profession they will be considered as the employees and TDS will deducted under section 192B

If those professionals (doctors,engineers) engaging with us on contract basis then considering their professional work TDS will have to be deducted under section 194J @ 10%

concept of 194C anyway won't considered. because service provided by them is a kind of professional work only.

Attached File : 1378939 20190119155243 capture.jpg downloaded: 9 times

1 Like