Tds 10 recovery
manickavel T (accounts officer) (92 Points)
02 March 2023
Honarirum given to Guest Lecturer Rs.3000/-. TDS 10% should Deduct from it. Is it correct?
manickavel T (accounts officer) (92 Points)
02 March 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160886 Points)
Replied 02 March 2023
No need to deduct TDS if the payment is only Rs. 3,000/-
manickavel T
(accounts officer)
(92 Points)
Replied 02 March 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160886 Points)
Replied 02 March 2023
Tax has to be deducted in case the payment is greater than ₹ 30,000 during the year. (Refer sec. 194J of IT act)
Eswar Reddy S
(CFO- at NHTF)
(58213 Points)
Replied 03 March 2023
CAclubindia
