Tds deduction single bill execmption
This query is : Resolved
12 October 2011
what is the exempted amount in a single bill
For a professional consultancy charges?
For a professional consultancy charges?
12 October 2011
Rs.30000/-
Message likes :
1 times
12 October 2011
There no such clause like single bill in case of TDS u/s 194J.
If the payment during the year exceeds Rs30,000 tds needs to be deducted @10%
If the payment during the year exceeds Rs30,000 tds needs to be deducted @10%
12 October 2011
We cannot project how much we are going to pay to him in a year... It is better to deduct TDS @ 10% for safer side if the contract between you and the consultant is continous one.
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
- NR GST NUMBER
- Fixed Deposit Claim Relinquishment by the Nominee
- Applicability
- ITR 6 Schedule CFL and UD Issues
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- GST Form ADT-02
- TDS RATE ON RENT PAID TO NRI
- Form - 26BQ
- Companies Act FA Excel
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- 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
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
