when to cut tds while paying freelancers?
Is it mandatory everytime?
Menu
Tds cut mandatory
Replies (2)
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?
Recent Topic
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
Related Topics
CAclubindia
