TDS DEDUCTION..

hi, if we received a service bill of amount 8k per month total annual amount is 96000, so tds deduction applicable on it, if it's not cross 1lakh annually.
Replies (3)
Quick Summary
This discussion clarifies TDS deduction on service bills. If your monthly service bill is £8,000, totalling £96,000 annually, TDS deduction depends on the relevant section. If the expense falls under Section 194C, no TDS is required. However, if it's covered by Section 194J, tax must be deducted at source.

If such expenses are covered under section 194C, then no need to deduct tax at source.

If it's covered under 94J.

Tax has to be deducted at source u/s 194J

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