Tds/service tax
Guest
(Querist) 06 July 2012
This query is : Resolved
If a professional say C.A.works on acontract basis in a Company, whether he will be liable to pay any service tax for the financial year 2012-13?If yes, whether it will be necessary for him, to obtain any registration under the Service Tax Act?Whether in the above case , he will be liuable to pay Income Tax u/s 194J as well as Service Tax under the Service Tax Act?
Is the same provision applicable to a director?
Ganesh babu
(Expert) 14 May 2013
if ca professional receipts in a financial year exceeds 10 lakhs he is liable to charge service tax and the same may be deposited by him self to department
and tds 194J applicable
in case of director we have to see what is his relation with company
if he is an employee it can be 192B
if it is professional receipts it can be 194J
