Section 194j
This query is : Resolved
12 March 2013
Assessee took professional services for a particular year as follows(Section 194J):
1)On 30/05/2012 amounted to 10,000
2)On 30/10/2012 amounted to 10,000
3)ON 31/01/2013 amounted TO 20,000
It was not expected that during the year the amounted of services would exceed 30,000 so TDS was not deducted for 1 & 2 bill.
Now at the time of payment of the third bill i. e. of 31/01/2013, TDS would be deducted on 20,000 or 40,000(10,000+10,000+20,000)
1)On 30/05/2012 amounted to 10,000
2)On 30/10/2012 amounted to 10,000
3)ON 31/01/2013 amounted TO 20,000
It was not expected that during the year the amounted of services would exceed 30,000 so TDS was not deducted for 1 & 2 bill.
Now at the time of payment of the third bill i. e. of 31/01/2013, TDS would be deducted on 20,000 or 40,000(10,000+10,000+20,000)
12 March 2013
TDS will be deducted on entire amount of 40,000/-
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Applicability of Ind As to associate of associate
- Filing of Form 10BB instead of Filing Form 10B
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Delay in filing IT by CA
- Will a sole propreitor do articleship in India?
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
