banner_ad

TDS deduction on consultants invoice

TDS / TCS 3342 views 5 replies

Dear Sir,

Under what section is the excemtpion limit for deduction of TDS for consultant.

A lawyer issusing a invoice of8000/- as professional charges, is TDS required to be deducted.

Please provide any Government Order on the same.

 

Regards

Replies (5)

in case of professional charges u/s. 194D the limit for deduction of TDS is Rs. 30,000/- .

if  total payment or single payment exceeds Rs. 30,000/- can eligible to deduct TDS

so in this case not require to deduct.

sorry not 194D the professional charges comes under the sec. 194J

Thanks Swapana

If i have an advocate who gives me charges Rs. 2000/- for an assignment. He issues individual invoice for his assignment. but in a financial year we might oay him total of 50,000/- on different assignments. then?

If the amount exceeds Rs. 30,000/- in a financial year, TDS will be deducted  for earlier amount also for that year.

What are the permissible deductions under the IT Act from a consultant's income and what are the proofs required to claim such deductions?

 

Thanks


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details