CA Day celebration 2024 Easy Office
LCI Learning

TDS on professional Fees

This query is : Resolved 

08 October 2010 Dear all,


My brother receiving Professional fees, but his total income are below the basic exemption limit. The co is deducting TDS while making payment.. Is there any provision or form, according to which no TDS will be deducted.


Thnaks..

08 October 2010 TDS will be deductible if payment during the year is above Rs. 30,000. You can apply with the ITO for lower deduction certificate. Also if possible ask your company to pay salary instead of professional fees.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query