Tds
This query is : Resolved
28 October 2013
As per sec 194J tds deducted if payment morethan 30000 p.a.,
I paid 40000 than in what amount i will deduct tax
On 10000 or on total amount of 40000.
28 October 2013
TDS need to be deducted entire amount of Rs.40000
28 October 2013
U/S 194J TDS is to be deducted if the payment exceeds the prescribed limit i.e 30000 on the whole amount..
In your case TDS is to be deducted on ₹40000 @ 10 percent....
In your case TDS is to be deducted on ₹40000 @ 10 percent....
29 October 2013
tds u/s 194j @ 10% is to be deducted on the total amount if the payment made exceeds 30000 p.a irrespective of paid or credited
29 October 2013
tds u/s 194j @ 10% is to be deducted on the total amount if the payment made exceeds 30000 p.a irrespective of paid or credited
29 October 2013
you need to deduct on the whole amount.
In case you have not deducted against the first 30000, then you may deduct Rs 3000 in addition to the normal 10% while making the next payment.
In case you have not deducted against the first 30000, then you may deduct Rs 3000 in addition to the normal 10% while making the next payment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- Last year TDS Claim
- Long Term Service award taxability in hands of company
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- STCG FOR GOLD ETFs
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
