Tax deducted at source

This query is : Resolved

Rishabh Miglani (Querist)
Follow

07 June 2014 Three different services (billed seperately for Rs. 22500 each service, total aggregating to less tham Rs. 75000) Will the tax be deducted at source??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

07 June 2014 the ans is no as single bill is not exceeding rs 30,000 and also in aggregate its not exceeding 75,000

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

07 June 2014 With out explaining the nature of transaction,service availed,for which bill raised
.
.
it is difficult for us to suggest

Upgrade to CAclubindia Pro. Subscribe Now!

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

08 June 2014 under 194C no. Under 194J yes.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

09 June 2014 nihkil how can say its under 194J when rishab havent mentioned whether its a professional service provided or not and hitting 194J.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

09 June 2014 I am saying that if the said payment is being made under 194C, then No TDS shall apply. However, if the payment is being under 194J, the deduction shall apply. This is a general statement. Plus, no other section shall apply to a service bill if I am not mistaken!!

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

10 June 2014 it would have been better if u would have cleared it in ur earlier response.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

10 June 2014 well I presume the querist to have some common sense. though most of the queries dont reflect that!!

Upgrade to CAclubindia Pro. Subscribe Now!