Tds on professional fees
Mehul Chudasama
(Querist) 05 December 2014
This query is : Resolved
how much tds to be deducted if we make payment of professional fees to UK company For AY 2015-16 and Under Which Sction
ajay sethi
(Expert) 05 December 2014
similar query has been raised in ca club india .com
https://www.google.co.in/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0CCoQ6QUoATAB&url=http%3A%2F%2Fwww.caclubindia.com%2Fexperts%2Fexperts_display_list_by_category.asp%3Fcat_id%3D3&ei=y3eBVOWKH9KjugSS1IKIBg&usg=AFQjCNG-8axRyxhcRf8VJp5vPTeBXPx65g&sig2=i5x9DJ6JTRMwiIGU6DbuQg&bvm=bv.80642063,d.c2E
Guest
(Expert) 05 December 2014
Are you paying Pound 1 (GBP) or one million as professional fee to a UK professional, you have not mentioned in your academic nature of query?
Please don't mind, yours is a commercial query, as if you can afford to hire some foreign company on payment of professional fee, naturally, your organisation would be business house with substantial business and accounting requirement and would be hiring services of CAs and getting accounts audited also. So, hope you can well afford the services of some local expert also to solve your foreign exchange/ taxation riddles, if your CAs are unable to solve your problem. So seeking charity advice on your part is not understood.
Mehul Chudasama
(Querist) 05 December 2014
PS Dhingra Thank You Sir For Your Advice But I Can't Appreciate Your Comment And Most OF The Query Which People Ask Related to Their Profession Only. I Am Doing The Accounting Work Of Company And First Time I Face This That's Y Ask. And Please If I Am Paying Even Rs.50,000 Then Also I Have To Deduct TDS There Is Not A Matter of 1 Million GBP But I Am Not Sure About The Section Whether Under Section 194J Or 195... I Just Want Clarity Regarding This..
Please I Would Like If You Are Giving Some Advice To Lawyer Club India Which Query Should Be Allowed Or Not Means commercial Or Non Commercial
Thanks I Don't Want To Talk Much Thanks For Your Comment
Mehul Chudasama
(Querist) 05 December 2014
Ajay Sethi Sir Thanks I Have Posted This Query At Both The Place
ajay sethi
(Expert) 05 December 2014
your query has already been replied to in ca club india .com. thanks for your appreciation
Guest
(Expert) 05 December 2014
Mr. Mehul Chudasama,
I have not posted my comment to earn your appreiation. So, it does not make any difference if you Can't Appreciate my Comment.
But, here, as you said, "I Am Doing The Accounting Work Of Company," you have not stated anywhere in the query that you are a CA and doing the accounting work of a company. Contrarily, your profiles speaks about you as an owner. Still further, you have straight away put an academic type of query, like a student, without giving any background of the problem, your own position, etc.. So, which one of your position out of the three (an accountant, an owner, a student) anyone can know to be be correct? Moreover, if you are doing accounting work, your query would have been justified if put before your own accounting community at CA Club, instead of the LCI members, dealing with matters distinctly different from accounting issues. I know you have already put your query at CA Club, with following link, but has yet to evoke any response from your own accounting community:
http://www.caclubindia.com/experts/tds-on-professional-fees-1935799.asp
About your question posed on me, "I Would Like If You Are Giving Some Advice To Lawyer Club India Which Query Should Be Allowed Or Not Means commercial Or Non Commercial," it is a matter of common sense that if you are an owner of the business or even an accountant, if after the sentence of commencial query I have stated, "if you can afford to hire some foreign company on payment of professional fee, naturally, your organisation would be business house with substantial business and accounting requirement and would be hiring services of CAs and getting accounts audited also. Even a person of ordinary prudence can understand whether your query is of commercial or non-commercial type. I wonder, if an accounts fellow or the owner of a business is unable to understand what is a commercial query of a business house or a personal problem of some layman.
Further, even a layman can understand that I have not advised the LCI, my reply was in response to your query, as an owner of the business house (as per your profile). I wonder, if you have not been able to understand even common language of the response to your query.
Mehul Chudasama
(Querist) 06 December 2014
PS Dhingra, Since if i am simply doing the accounting work then i am owner of my consultancy and Question of query regarding taxation work that LCI given choice in drop down menu that u can ask query about taxation,and i don't think so there is more or less about the community
Mehul Chudasama
(Querist) 06 December 2014
And Thanks For Your Time Sir And I Don't Want To Stretch This Matter
Thanks
Guest
(Expert) 06 December 2014
So Mr. Mehul Chudasama, If you are doing the accounting work then you are owner of your consultancy, you should not expect to earn income ,erely on getting free advice from the experts here. As an accountant that too as a consultant, you should have tried to update your knowledge by making investment in latest taxation and law books. Misuse of charitable services is not called for on your part specially as a consultant.
Mehul Chudasama
(Querist) 06 December 2014
PS Dhingra
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Dear Sir You Don't Think So It's Also Indirect Way To Doing Advertisement.....
Hope You Got My Point What I Want To Say
Guest
(Expert) 06 December 2014
Thanks Mr. Mehul Chudasama for giving voluntary publicity about me. But, you forget, the "ABOUT ME" is the part of my profile and only you are posting here at your own query page, not me.
Mehul Chudasama
(Querist) 23 December 2014
oh i just say to you sir what is direct and what is indirect
