Tds on professional service
This query is : Resolved
26 August 2015
Dear Experts,
We have received two invoices for professional services from a consultants, one of Rs. 18000/- on dtd. 28-07-2015 & other one of Rs. 17000/- on dtd. 24-08-2015.
Should we deduct TDS? If we should on which amount.
Please advise.
We have received two invoices for professional services from a consultants, one of Rs. 18000/- on dtd. 28-07-2015 & other one of Rs. 17000/- on dtd. 24-08-2015.
Should we deduct TDS? If we should on which amount.
Please advise.
27 August 2015
Mr. Sharma,
You need to deduct TDS u/s 194J as the payment amount is above Rs. 30000(applicable for payment in whole year) at the rate of 10% on the total payment of Rs.35000.
You need to deduct TDS u/s 194J as the payment amount is above Rs. 30000(applicable for payment in whole year) at the rate of 10% on the total payment of Rs.35000.
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- GST Regis.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- COP Surrender 2024
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
CAclubindia
