TDS to be deduct on provision made on monthly

This query is : Resolved

Keyur (Querist)
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28 March 2024 Sir/Madam

I have queries for tds to be deduct on provision of Prof. Fees, Legal Fees made on monthly basis-

> if original bill yet not received then tds to be deduct or not?
> If original bill to be received in next financial year then tds to be deduct or not??

thanks in advance

CA Roomi Gupta

CA Roomi Gupta (Expert)
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29 March 2024 TDS u/s 194J needs to be deducted by a deductor other than an individual or a HUF (not liable to tax audit) @ 10% on any amount paid or payable to any person which is in excess of Rs. 30,000 as:
*Fees for professional services
*Fees for technical services
*Any remuneration or fees or commission by whatever name called paid to a director ( other than salary).

TDS shall be deducted at the time of Date of Payment or Date of Invoice whichever is earlier.