Payment made on December 2019 was Rs. 24000
Payment made on March 2020 was Rs. 24000
TDS deducted on which amount
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TDS 194J - deduction on the exceeded
Replies (4)
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/-
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