tds

This query is : Resolved

CA Pintu Mishra (Querist)
Follow

17 June 2010 I want know, in case anyone gives me bill of fees and wages both individually doesnt qualify for deduction but, aggregate amount crosses 50k do i need to deduct tds?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

17 June 2010 Please clearly write your query, you mean to ask fees and reimbursment bills

CA Pintu Mishra

CA Pintu Mishra (Querist)
Follow

17 June 2010 Thanx for your response.
We have one party who charged us professional fees for 15000/- and also supplied labour for around 40000/-(each bill less than 20000). Here idividually doesnt qualify for tds deduction.Total amount exceed 50000 want to know do i need to deduct in this case.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

17 June 2010 If the bill raised separatly for both the services no TDS applicable, incase combined bill need to deduct the TDS on higher rate u/s.194J on total amount

CA Pintu Mishra

CA Pintu Mishra (Querist)
Follow

17 June 2010 thanks.

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SARAVANAN PALANISAMY

GST Karimnagar state

Darshan

Krishnamohan Gangaraju

CA Bijo scaria

Subscribe Now

tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA