02 March 2015
The assessee is a private limited company having two separate branches. Accounts maintained separately but only one common TAN.
Query: Payment of Rs. 20000/- each for professional services is made from both branches to same person. In this case while checking applicability of limit of Rs. 30,000/- u/s 194J should the branches be considered separately or should the limit be checked in aggregate?
If possible / available, kindly provide reference to circular / case law or any other legal record in this matter.
Since Same TAN is being used that means the calculation is being made for one entity hence both the payments will be consi dered for at the time of deduction of TDS.
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