TDS on Professional Fees (Latest Income Tax Act 2025)
Whenever a business pays fees to a professional such as a CA, CS, lawyer, doctor, engineer, architect, consultant or advisor, it may have to deduct TDS (Tax Deducted at Source).
Tax Deducted at Source (TDS): Meaning, Rules, Forms & Latest Updates
Tax Deducted at Source (TDS) is a mechanism introduced by the Income Tax Act, 1961, to ensure tax is collected in advance from income earned.