if any company is paying 8000 to a consultant ,then he needs to deduct tds under 194j as technical fee .as total amount is exceeding the threshold limit.
is that right???
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TDS - payment made to consultant
Replies (2)
Limit for deducting TDS u/s 194J is Rs. 30,000 for technical fee.
Unless the amount is paid to the director, there is no need to deduct TDS in this case.
Since the amount paid during the year is within the threshold limit, no requirement of TDS.
Unless the amount is paid to the director, there is no need to deduct TDS in this case.
Since the amount paid during the year is within the threshold limit, no requirement of TDS.
If 8k is one-time payment, then no need to deduct tax at source u/s 194J.
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