Whether to deduct TDS on professional fees paid under Sec 194J under the following case
Say in the whole financial year ,1st payment made was of Rs35000 on which TDS @ 10% is deducted as it cross the Threshold limit of single payment but 2nd payment which was made was of Rs 10000.The question here arises that whether to deduct TDS @ 10% on Rs 10000 as the single payment is not exceeding Threshold limit of Rs 30000 and in the whole FY the aggregate payment made is amounting to Rs 45000, not exceeding the threshold limit of aggregate payment of Rs 75000.State answer for the same????
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