09 January 2025
I would like to seek your advice on consolidating TDS payments for both a contract and a professional service into a single payment. The total TDS amount is ₹20,000 (₹10,000 for a contract individual and ₹10,000 for a professional individual). Could you please guide me on the process for making a single TDS payment, and let me know if there are any issues or compliance considerations with combining these payments?
09 January 2025
Consolidating TDS payments for both a contract and a professional service into a single payment is not required. Threshold for each TDS section applicable seperately.