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TDS U/S 194 J --REG


MEENA VIVEK   24 October 2019

MEENA VIVEK

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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/
-------------------

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Kumar Sushank (Asst. Manager - Accounts & Taxation)     24 October 2019

Kumar Sushank
Asst. Manager - Accounts & Taxation 
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Solution No. 1 is correct, You have to pay Rs. 1,08,000/- after TDS Deduction.

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Murugan Shanmugam   24 October 2019

Murugan Shanmugam

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1st one is correct

because tds is on taxables Value not on invoice value

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Baskar (Finance officer)     24 October 2019

Baskar
Finance officer 
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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.

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