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 :
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
Related Topics :
CAclubindia
