Definition - professional services - tds applicability

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..... Definition - professional services - tds applicability
Query (Issue) Started By: - Jatinder Maan Dated:- 21-8-2009 Last Reply Date:- 22-8-2009 Income Tax
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Income Tax
please d .....

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..... efine the professional services and contract services and tds rate applicable on the same Reply By DEV KUMAR KOTHARI: The Reply: Dear Friends, This is discussion forum and not column like "your queri .....

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..... es". To effectively use the discussion forum I suggest that the querist should send his own material, analysis and view on the subject of query with reference to provisions and case laws. Some efforts .....

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..... should be amde by the author of the issue. Reply By Dinesh Gupta: The Reply: For the purpose of meaning of contract services - you may refer to (iii) and (iv) of the Explanation to Section 194C and .....

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..... for the purpose of professional services refer to (a) and (b) of the Explanation to Section 194J. Further, the rate of TDS for contract service is 2% and in case of sub contract it is 1%. On the other .....

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..... hand rate of TDS on professional services is 10% [plus cess]
Discussion Forum - Knowledge Sharing .....

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