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TDS

Thimma Reddy (Article trainee) (77 Points)

11 November 2008

friends,

In case of payments made to Broad band services (say bharathi airtel services)

We have to deducted TDS under the head contractors or profession.

Pls clarify me

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7 Replies

Kush Gangar (Final) (47 Points)
Replied 11 November 2008

Hiee friends..............

What is the rule for deduction of TDS on professionals. If there are 2 payments in the whole year of rs. 19000/- each, shoild TDS be deducted??? or no???

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CA Abhash Mishra (Chartered Accountants) (598 Points)
Replied 11 November 2008

Could u send the detail of payment regarding the service, contract

Shreyalmuri (CA Final) (236 Points)
Replied 11 November 2008

Reddy i hope TDs to be deducted as TDS on Contracts as they or not fall under the sec.194J

Sree...:)

Kuldeep Patel (Articleship) (22 Points)
Replied 11 November 2008

Originally posted by :Guest
"	Hiee friends.............. What is the rule for deduction of TDS on professionals. If there are 2 payments in the whole year of rs. 19000/- each, shoild TDS be deducted??? or no???	"

Hi Friend,

TDS Is liable to deduct on the above payment because it exeeded the maximum limit of Rs. 20,000/-PA. hence the TDS will be deductible on whole amount paid till.

Ram Avtar Singh (Nagari Sultanpur U.P.Delhi) (14487 Points)
Replied 11 November 2008

Originally posted by :Thimma Reddy
"	friends, In case of payments made to Broad band services (say bharathi airtel services) We have to deducted TDS under the head contractors or profession. Pls clarify me	"