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ca chetna (Querist)
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18 March 2014 i have query that i paid to professional fees of rs.10000 in financial year next year i made payment of 21000 .is tds deducted on 31000 or 1000.is limit count for each fy separately or it continues once tds deducted

Sandeep Dharar

Sandeep Dharar (Expert)
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18 March 2014 No TDS will b deducted since the limit of Rs. 30000/- in in a financial year. And in your case the payment is 11000/- in one financial year & another 21000/- in another FY.

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