banner_ad

Tds on account charges

This query is : Resolved 

17 December 2012 On how much amount paid as accounting charges liable to deduct tds?

17 December 2012 Section 194J will be applicable.
Threshold Limit is Rs 30000/- p.a.

So if in a year Rs 30000/- or less is paid as accounting charges TDS is not required to be deducted. If amount paid is more than Rs 30000/- in a year TDS to be deducted on such total amount @10%.

17 December 2012 If the person who is doing accounting work is not a professional person then as per my knowledge it will fall under 194C.

In that case p.a. limit is rs 75000/- and single payment limit is rs 30000/-.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details