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Tds on hospitals u/s 194J

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..... Tds on hospitals u/s 194J
Query (Issue) Started By: - anmol bohra Dated:- 29-8-2009 Last Reply Date:- 30-8-2009 Income Tax
Got 1 Reply
Income Tax
plz solve my query that if TPA make payme .....

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..... nt to hospital then should he liable for tds on hospital u/s 194J,,, plz give some reason and reference why for 194J not for 194C....plz solve it.... Reply By Rama Krishana: The Reply: Before discuss .....

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..... ion let us understand the facts: TPA is a third party administrator appointed by the Insurance Companies. The claim of patient is being paid by the insurance companies through TPA. The commission to T .....

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..... PA is paid by the insurance companies which is ultimately born by the insured as part of premium. - In view of above facts, my view is the commission received by TPA is subject to deduction of TDS onl .....

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..... y. Since it is a contractual payment but not in the nature of professional service, TDS requires to be deducted u/s 194C. The payment to hospitals by the TPA is not liable for any deduction of tax at .....

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..... source.
Discussion Forum - Knowledge Sharing .....

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