tds
This query is : Resolved
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?
17 June 2010
Please clearly write your query, you mean to ask fees and reimbursment bills
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.
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.
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
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Taxability of credit in canara bank ET & T section (NRO)
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Rent claimed on building given on permissive possession basis
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
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
