TDS 194J

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24 Points Joined April 2018
Two bills (Professional & Consultancy charges) amounting ₹20000 each, will there be liability to deduct TDS u/s 194J
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On 17 May 2018 at 12:01 Report
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75 Points Joined June 2017
need not deduct tds . thredhold is rs 30000
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On 17 May 2018 at 12:46
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SEO Sai Gr. Hosp.
210651 Points Joined July 2016

" No deduction shall be made under this section, if the sum payable during the financial year does not exceed Rs. 30,000. "

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On 17 May 2018 at 12:56
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79 Points Joined May 2017
tds shall be required to be deducted since aggregate amount exceeds rs. 30000 during the financial year (20000+20000)
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On 17 May 2018 at 15:27
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24 Points Joined April 2018
I think yes because it exceeds ₹30000
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On 17 May 2018 at 21:13
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accountant
180 Points Joined May 2018
is that from one firm or different ?
if you get it from one firm then it will be applicable other wise not.
as per rule if your professional fees payable value more than 30000 then you are liable to deduct it.
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On 18 May 2018 at 23:21


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