28 February 2022
I provide booking keeping and accounting service at the rate of Rs.15,000 per month . The company is deducting TDS @10% . I countered them that my Service does not exceed Rs.30,000 per month so not to deduct TDS . But the company said in a year its exceeding 30k.
This 30k threshold limit is for per bill or for per annum billing .
01 March 2022
Financial Year.... " where the amount of such sum or, as the case may be, the aggregate of the amounts of such sums credited or paid or likely to be credited or paid during the financial year by the aforesaid person to the account of, or to, the payee, does not exceed 30K......"