Tds

This query is : Resolved 

21 May 2012 Whethr TDS s applicable if Professional chargs exactly Rs.30000/-??

21 May 2012 Proviso to Section 194J provides that TDS shall not be deducted if the amount DOES NOT EXCEED Rs. 30,000.

Therefore TDS will be deducted only if the amount exceeds Rs. 30,000. If the amount is exact Rs. 30,000, TDS will NOT be deducted.

22 May 2012 Thank you sirji..!!

22 May 2012 You are welcome. You should use the thanks button to convey your thanks.


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