Tds
This query is : Resolved
31 October 2013
Audit Fees Fy-2012-13 Rs 20,000/-(Rs.10,000 from each sister concern co)to a CA-Firm for statutory & tax audit of two sister concern co.of an Limited company.
1.whether tax should be deducted at source in above case?
2.what is rate of TDS and threshold limit ?
1.whether tax should be deducted at source in above case?
2.what is rate of TDS and threshold limit ?
31 October 2013
TDS u/s 194J on professional fees,
The threshold limit is 30000 in a single payment and Rs. 75000 in aggregate in a year..
At the rate of 10 percent...
The threshold limit is 30000 in a single payment and Rs. 75000 in aggregate in a year..
At the rate of 10 percent...
31 October 2013
Sec 194J is not applicable as it is below the threshold limit, no tds to be deducted if only 20,000 during the year is to be paid.
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
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- TDR receipts for agreement holder
- Inventory of finished goods
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Applicability of Ind As to associate of associate
- Sale of property furniture sale
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- 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
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
Trending Online Classes
CAclubindia
