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Tds deduction single bill execmption

This query is : Resolved 

12 October 2011 what is the exempted amount in a single bill
For a professional consultancy charges?


12 October 2011 Rs.30000/-

12 October 2011 There no such clause like single bill in case of TDS u/s 194J.
If the payment during the year exceeds Rs30,000 tds needs to be deducted @10%




12 October 2011 We cannot project how much we are going to pay to him in a year... It is better to deduct TDS @ 10% for safer side if the contract between you and the consultant is continous one.



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