Tds

This query is : Resolved

Manjay (Querist)
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21 February 2012 we are paying a single person in terms of two different catagories, professional and contractor.
Taxable limits will be considered saperately for both the catagories or consolidated one for both the catagories.
For eg. Amount paid Rs 85,000/- paid towards Contractual Activity and Rs 25,000/- paid towards professional fees. Now do we need to deduct TDS on professional fees or not?

Yogesh Agarwal

Yogesh Agarwal (Expert)
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21 February 2012 Do the contractual Activity fallen under section 194J or not..if so then you have to deduct on whole amount..

if the two payments are separate and against separate invoice and agreement then deduct only on 85000 u/s 194C (if it is for payment other than u/s 194J)