Availed the professional service

Dear Experts,

1. We have availed the professional services from an Individual.

2. We paid Ra 70,000.00 on different dates as follow:

a. 28.02.2023 Rs 28000.00

b. 07.03.2023 Rs 22000.00

c. 24.03.2023 Rs 20000.00

by online mode.

3. Whether we need to deduct the TDS on 70,000.00 or Rs 40000.00

pl clarify
Replies (4)
Quick Summary
This discussion clarifies the TDS (Tax Deducted at Source) implications when availing professional services from an individual. The user paid a total of Rs 70,000 across several dates. The core question is whether TDS should be deducted on the entire Rs 70,000 or a reduced amount. Experts confirm that TDS is applicable on the gross value of services rendered, meaning the deduction should be on the full Rs 70,000, as the Rs 30,000 threshold is not an exemption limit.

Over Rs. 70,000/-   

Means TDS to be deducted on entire value of Ra 70,000.00 ?
30000 is threshold limit, not exemption. Hence TDS is to be deducted on entire amount.
Pls deduct on gross value of consultancy fees rendered.

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