tds under section 194 j

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  1. doctor

    doctor New Member

    dear sir

    if a pharma firm has done a contract with principal investigator (a medical professional working in a university) for a drug trial and pays fees to university (as per research policy of institute) after 10% TDS deduction, and now when university pays (distributes) the share (50% according to university policy) to principal investigator, does the university liable to deduct 10% TDS again for that 50% share of the payment received ?
     
    doctor, Mar 9, 2016
    #1
  2. Sudipto123

    Sudipto123 New Member

    Yes, the university would again be required to deduct TDS
     
    Sudipto123, Mar 9, 2016
    #2
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