Regarding tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 October 2013 Hello Sir,
can you tel me the year limit for professional charges?
one party given me the bill with amount 16500+Service tax 12.36%=18539/-.the same party give me an invoice with amount 20000+12.36%ST can i deduct TDS from this party.

16 October 2013 Yearly threshold limit under section 194J is Rs.30000/- since your both bills total exceeds Rs.30000, you need to deduct tds @ rate 10% on total both bills

16 October 2013 Yes u need to deduct tds as the gross amount exceeds the threshold limit u/s 194J.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 October 2013 thank u sirs....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details