Payment made on December 2019 was Rs. 24000
Payment made on March 2020 was Rs. 24000
TDS deducted on which amount
Menu
TDS 194J - deduction on the exceeded
Replies (4)
Quick Summary
Mr. John,
We need to check the following points:
1. Whether both the amount of Rs 24,000/- is paid to the same Person/Deductee/PAN no.?
2. If Yes, The limit of Rs 30,000 p.a in a FY is exceeded as per Section 194J.
So, The TDS is to be deducted on entire amount of Rs 48,000/-.
We need to check the following points:
1. Whether both the amount of Rs 24,000/- is paid to the same Person/Deductee/PAN no.?
2. If Yes, The limit of Rs 30,000 p.a in a FY is exceeded as per Section 194J.
So, The TDS is to be deducted on entire amount of Rs 48,000/-.
I am agree with MR.Vivek
On last payment
You have to deduct TDS on Total amount of Rs.48,000/-
Recent Topics :
- GST ITC april 22
- GST PAYMENT REGARDING
- GST Consultation Required – June–Augus
- TDS Code for Salary Payment to Non-Resident Intern
- TDS on property
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
- TDS u/s 194Q on electricity supply by DHBVN etc.
- Subject: Can I Apply for Fresh GST Registration on
Related Topics :
CAclubindia
