Sec-194j

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28 May 2012 if payment towards preofessional fees exceeds rs.75000 during the financial year,then on what amount TDS u/s-194J shall be deducted? whether on amount in excess of rs 75000 or on amount including rs.75000

28 May 2012 Limit under sec 194J is Rs. 30000.
Tds shall be deducted on amount in excess of Rs. 30000.

28 May 2012 TDS would be deducted if the aggregate amount exceeds Rs. 30000 in a financial year. TDS would be deducted on entire sum i.e. on Rs. 75,000


28 May 2012 TDS would be deducted if the aggregate amount exceeds Rs. 30000 in a financial year. TDS would be deducted on entire sum i.e. on Rs. 75,000

28 May 2012 YES
TDS IS TO BE DEDUCTED ON WHOLE AMOUNT.

IF ANNUALLY EXCEED RS 75000.

28 May 2012 YES
TDS IS TO BE DEDUCTED ON WHOLE AMOUNT.

IF ANNUALLY EXCEED RS 75000.

28 May 2012 YES
TDS IS TO BE DEDUCTED ON WHOLE AMOUNT.

IF ANNUALLY EXCEED RS 75000.

28 May 2012 Dear Praveen,

Is there any change to the limit of Rs. 30000 ( other than Director's fees )under section 194J. Please clarify ( as you have mentioned if annually exceed Rs. 75000 ).

Thanks

Sanjay


28 May 2012 Dear Mr. Mukherjee,

there is no change in the limit. it is Rs. 30000 only.

11 July 2012 Agreed with experts..

27 October 2012 director of pvt ltd. co . gets remuneration of Rs. 20000 p.m. total a 240000 for the year.
director have 100000 of saving proofs for claiming deduction u/s 80c.

Now, whether the co. should deduct tds u/s 194j.

pls. suggest.



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