About TDS on professionals
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2010
Thanks for your reply.
I would like to know that if their single bill is of Rs. 4,000/- .We have done 12 payments in a year. Should I deduct the TDS for the same or not since the total amount for the year has become 48,000/-
I would like to know that if their single bill is of Rs. 4,000/- .We have done 12 payments in a year. Should I deduct the TDS for the same or not since the total amount for the year has become 48,000/-
14 December 2010
yes... TDS has to be deducted
14 December 2010
Agreed
24 February 2011
see the threshold limit is 30000/- & there is no cap for single bill. so since total payments exceed 30000/-, TDS is applicable.
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
- Query Regarding on TDS section 194H and 194J
- TDS on purchase of value vouchers for employees ?
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
