Tds

sudha (proprietrix) (113 Points)

08 October 2016

Should TDS be deducted from one time consultancy charges of Rs 35000

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CA Rahul Mor (Chartered Accountant) (173 Points)
Replied 08 October 2016

yes 10% TDS require to be deduct since it is more then 30,000 so under 194J you require to deduct TDS.

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Kajal Jain (Freelancer-Chartered Accountant) (551 Points)
Replied 08 October 2016

YEs to be deducted

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sudha (proprietrix) (113 Points)
Replied 08 October 2016

thanks

sudha (proprietrix) (113 Points)
Replied 08 October 2016

thanks. if the amount is Rs 25000, should TDS be deducted

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CA Rahul Mor (Chartered Accountant) (173 Points)
Replied 08 October 2016

if the amount is 25000 then no tds deduction is require. section 194J says that if we paid more then 30000 then we require to deduct tds.

if you satisfied like it.

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