Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2012 Dear Sir,

We have utilised prochure designing and 3d image creation charges of Rs.27000/- Tds is deducted against professional services.

pl.reply

Guest

Guest (Expert)

27 June 2012 TDS for professional fees is required to be deducted if the bill amount exceeds Rs. 30000.
In your case TDS should'nt have been deducted as the amount is below Rs. 30000.
You can anyway take the benefit of TDS in future by filing your income tax return.

Message likes : 1 times

Guest

Guest (Expert)

27 June 2012 And moreover brochure designing and 3d image creation requires skill and hence cannot come under contractual services, it should come under professional services.

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