TDS Related -Sec 194J


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This discussion clarifies the applicability of TDS under Section 194J concerning the Rs 30,000 threshold. It confirms that TDS is only applicable if the total payments made during the financial year exceed Rs 30,000, not on a single payment basis. The clarification aims to resolve doubts regarding this specific threshold.

(Querist)
17 August 2023 Sec 194J - if it is tds applicable or not exactly Rs.30,000/- during the year or Single Payment? . Kindly clarify the doubt

17 August 2023 No. It is applicable only if it EXCEED the threshold limit of Rs. 30,000/-

10 September 2024 Good Luck.


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