TDS applicability on Individual or on a such person who have not the TAN

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9 Points Posted on 12 July 2021

Hello Sir , I have a query about TDS, if an Individual (who is not a proprietor or Director of any company or firm) can be deduct TDS while making payment to an Advocate for their Fee amount Rs.120000/-  

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On 12 July 2021 at 18:15 Report
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This discussion clarifies TDS applicability for individuals, particularly concerning payments to advocates. If a tax audit under Section 44AB is not applicable to you, you are generally exempt from deducting TDS under Section 194J. However, other TDS provisions like Section 194I or 194A may still apply, and payments exceeding certain limits must be made via banking channels as per Section 40A(3).

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CMA
13117 Points Posted on 12 July 2021
If tax audit u/s 44AB is not applicable to you, then no need to deduct tax at source in this case.
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On 12 July 2021 at 18:46
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STUDENT
1631 Points Posted on 14 July 2021
Yes, Individuals not covered u/s 44ABhave an exemption on Sec.194J.

But sec.40A(3) -Applicable, payment must pay through the banking channel.

194I, 194A etc -These have not exemption also for Individuals not covered u/s 44AB.
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On 14 July 2021 at 02:45

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