Can TDS be deducted on the accreditation fee
The answer to this question depends on the specific circumstances and nature of the accreditation fee. In general, TDS (Tax Deducted at Source) is applicable to certain types of payments made by businesses, such as salaries, rent, and professional fees. If the validation fee can be classified as a professional fee, then TDS may be applicable. However, if the fee is not considered a professional fee, then TDS may not be applicable. It is important to consult with a tax professional or refer to the relevant tax laws and regulations to determine whether TDS should be deducted on a specific validation fee.
To visit: https://www.incometax.gov.in
For further details access our website: https://vibrantfinserv.com
