Tds cut mandatory

when to cut tds while paying freelancers?
Is it mandatory everytime?
Replies (2)
Quick Summary
This discussion clarifies when Tax Deducted at Source (TDS) must be cut when paying freelancers. It explains that TDS is mandatory for professional services at 10% and technical services at 2% if payments exceed £30,000 in a financial year. The source of funds, whether personal savings or company accounts, does not exempt you from this requirement.

If the freelancer is appointed as a professional then TDS to be deducted at the rate of 10% when a single bill or aggregate of all the bills exceeds Rs. 30,000 during the financial year. 

Further, if the fees is paid for technical services then TDS to be deducted @ 2% when a single bill or aggregate of all the bills exceeds Rs. 30,000 during the financial year. 

If it mandatory even if I pay him from my savings account and not from my company account?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details