Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2012 194J fee paid to Professional or Technical Services 30000+10.3 =33090
tds will be deduct 30000 amount or 33090 amount?

CA. Hari Kishan

CA. Hari Kishan (Expert)
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02 February 2012 TDS is to be deducted on the gross amount charged which in your case is 33090

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Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2012 tds for professional services applicable limit is 30000 in this case which amount will be be the limit ? ie 30000 or including service tax (33090)?
please answer

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CA. Hari Kishan

CA. Hari Kishan (Expert)
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02 February 2012 I would suggest you to deduct TDS as the amount of invoice exceeds the limit of Rs.30000. and TDS is always on the gross amount charged incl service tax.

Guest

Guest (Expert)

02 February 2012 TDS will be deducted in this case u/s 194J