banner_ad

TDS 194J - deduction on the exceeded

315 views 4 replies
User Avatar

audit manager
457 Points Joined May 2017
Payment made on December 2019 was Rs. 24000
Payment made on March 2020 was Rs. 24000


TDS deducted on which amount
0 Reply Share Follow
On 08 May 2020 at 16:53 Report
Replies (4)
User Avatar

student
42 Points Joined July 2016
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/-.
Reply
On 08 May 2020 at 20:36
User Avatar

Chartered accountant
290 Points Joined July 2010
I am agree with MR.Vivek
2 Reply
On 09 May 2020 at 10:50
User Avatar

Accountant
4533 Points Joined February 2017
On last payment
Reply
On 23 January 2021 at 23:58
User Avatar

Chartered Accountant
86505 Points Joined April 2011
You have to deduct TDS on Total amount of Rs.48,000/-
Reply
On 24 January 2021 at 00:09

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details