Professional services definition covers specified professions and Board-notified professions for withholding and tax collection purposes. Professional services for TDS/TCS purposes covers services rendered in the course of legal, medical, engineering, architectural, accountancy, technical ... Summary
Professional services definition covers specified professions and Board-notified professions for withholding and tax collection purposes.
Professional services for TDS/TCS purposes covers services rendered in the course of legal, medical, engineering, architectural, accountancy, technical consultancy, interior decoration or advertising professions, along with other professions notified by the Board. The corresponding definition under the Income-tax Act, 1961 similarly covers these specified professions and other Board-notified professions for relevant record-keeping or withholding purposes.
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