Payment made on December 2019 was Rs. 24000
Payment made on March 2020 was Rs. 24000
TDS deducted on which amount
Mr. John,
We need to check the following points:
1. Whether both the amount of Rs 24,000/- is paid to the same Person/Deductee/PAN no.?
2. If Yes, The limit of Rs 30,000 p.a in a FY is exceeded as per Section 194J.
So, The TDS is to be deducted on entire amount of Rs 48,000/-.
CAclubindia
