TDS to be deduct on provision made on monthly
This query is : Resolved
28 March 2024
Sir/Madam
I have queries for tds to be deduct on provision of Prof. Fees, Legal Fees made on monthly basis-
> if original bill yet not received then tds to be deduct or not?
> If original bill to be received in next financial year then tds to be deduct or not??
thanks in advance
I have queries for tds to be deduct on provision of Prof. Fees, Legal Fees made on monthly basis-
> if original bill yet not received then tds to be deduct or not?
> If original bill to be received in next financial year then tds to be deduct or not??
thanks in advance
29 March 2024
TDS u/s 194J needs to be deducted by a deductor other than an individual or a HUF (not liable to tax audit) @ 10% on any amount paid or payable to any person which is in excess of Rs. 30,000 as:
*Fees for professional services
*Fees for technical services
*Any remuneration or fees or commission by whatever name called paid to a director ( other than salary).
TDS shall be deducted at the time of Date of Payment or Date of Invoice whichever is earlier.
*Fees for professional services
*Fees for technical services
*Any remuneration or fees or commission by whatever name called paid to a director ( other than salary).
TDS shall be deducted at the time of Date of Payment or Date of Invoice whichever is earlier.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Query regarding TDS on EPFO Higher Pension Arrears*
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
