TDS
This query is : Resolved
05 April 2011
pls adv the amount and rate for tds for jobwork given and professional fees 94j?
I understand that 70000 is pa limit but what is the limit per transaction or there is no limit for Fy 10-11 and 11-12.
I understand that 70000 is pa limit but what is the limit per transaction or there is no limit for Fy 10-11 and 11-12.
05 April 2011
Per transaction limit under section 194C is 30000/- & annual limit is 70000/-
Rate : 1 % for Individual or HUF
2 % for others
+++++++++++++++++++++++++++++++++++++++++++
Total annual limit under section 194J is 30000/- & there is no separate per transaction limit.
Rate : 10 %
Rate : 1 % for Individual or HUF
2 % for others
+++++++++++++++++++++++++++++++++++++++++++
Total annual limit under section 194J is 30000/- & there is no separate per transaction limit.
Rate : 10 %
05 April 2011
Till now the above is also applicable for FY 11-12
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- TDS RATE ON RENT PAID TO NRI
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- FREELANCING ACCOUNTANT
- Gstr 9 2023-24
- 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?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
