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Tds on professional service

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(Querist)
03 June 2014 Is TDS u/s 194J on Professional fees applicable on single payment of Rs.30000/- or aggregate payment of Rs.30000/-.
For Eg:
A(company) makes the following professional Fees payment to B-
20/05/2013 Rs.15000/-
26/06/2013 Rs. 28000/-

Is Tds applicable on the above two payments?
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Deepti Asawa

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Deepti Asawa (Expert)
03 June 2014 Yes, Tds applicable on the above two payments
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CA BHARATH KUMAR

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CA BHARATH KUMAR (Expert)
04 June 2014 Tds applicable to both amount of prof service



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Ganeshbabu K

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Ganeshbabu K (Expert)
06 June 2014 Threshold limit for 194J is 30,000.
.
.
once your credits to party exceeds 30,000 TDS applicable on total amount credited to party

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