TDS U/S 194 J --REG

238 views 3 replies
We (Trust) have to pay Consulting fees u/s 194J to Architect firm as mentioned below which one is correct kindly clarify and Which rate TDS To be Deducted

1)Consulting fees--Rs.100000
Add:-GST @ 18%----Rs. 18000
-----------------
TOTAL. Rs.118000/

Less:TDS @ 10%
ON FEES AMT. Rs.10000/
----------------
Payable Amount RS.108000/-

OR
2)Consulting fees--Rs.100000
Add GST @ 18%---- Rs.18000
--------------
TOTAL. Rs.118000/

Less:TDS @ 10%
ON FEES AMT
WITH GST( i e
Rs.118000/-) Rs.11800
----------------
Payable Amount Rs.106200/
-------------------
Replies (3)

Solution No. 1 is correct, You have to pay Rs. 1,08,000/- after TDS Deduction.

1st one is correct

because tds is on taxables Value not on invoice value

1 is correct. Tax should not be deducted on GST component. GST is not his income. You are going to avail ITC on whatever the GST you have paid. So his income is only Basic amount.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register