TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 February 2011
We are a Partnership Firm. This Year (F.Y 2010-11) still now we have alredy received Professional & Tecnical Services bill Rs. 35,100.00 for the below mention Party's:
1)Bcic-Rs.13,000
2) Swapan biswas Rs. 5,000
3) techo Bharat Rs. 7,000
4) P.K.B & associates Rs. 10,100
Please Suggest us that is the TDS deducted essential for all this partye's or individually some paty's (URGENT)
1)Bcic-Rs.13,000
2) Swapan biswas Rs. 5,000
3) techo Bharat Rs. 7,000
4) P.K.B & associates Rs. 10,100
Please Suggest us that is the TDS deducted essential for all this partye's or individually some paty's (URGENT)
CA PARAS BAFNA
(Expert)
16 February 2011
You have to check limit of Rs. 30000/ for
each professional separately.
You have not to deduct TDS right now.
.
But if you are having any idea, that for a particular professional , say , BCIC 13000 , additional bills of Rs. 18000/ are expected., you may start to deduct tax in the case of that particular party.
each professional separately.
You have not to deduct TDS right now.
.
But if you are having any idea, that for a particular professional , say , BCIC 13000 , additional bills of Rs. 18000/ are expected., you may start to deduct tax in the case of that particular party.
Message likes :
1 times
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
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Foriegn assets disclosure
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
