Tds
This query is : Resolved
P.C. Joshi
(Querist)
27 May 2016
I just wanted to re confirm that TDS under Sec. 194-J(Professionals) is applicable if amount is more than Rs 30,000/- in one FY. There is a bill for Rs 30,000/- dated March. So no TDS is to be deduted. Can anyone please confirm.
Thanks
P.C. Joshi
Thanks
P.C. Joshi
KAVIRAJA ADDANGADI
(Expert)
27 May 2016
If payment or bill in excess of RS.30000/-And above TDS to be deducted .
Murtaza I Bhagat
(Expert)
27 May 2016
If amount is Rs.30000/- then you have to deduct tds u/s 194J if less than Rs.30000/- then only you don't have to deduct tds.
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