I have paid Rs. 28000 to a professional for his professional services. TDS was not deducted in that case as the payment was within the exemption limit. But later on I have paid Rs. 5000 as professional charge to the same party. Whether TDS was applicable under section 194 J to the second bill only or I have to deduct for the entire amount of 33000 (28000+5000). Because somebody told that retrospective effect was not applicable to TDS under section 194 J. Please clarify...
10 October 2022
Correct. Retrospective effect is not applicable, but while discharging the additional payment you have to consider total payment during the year, which means you have to deduct TDS on 33000/-.
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