We have received a invoice rs. 30000.00 from PF, ESI consultancy purpose . When we want to duduct TDS against this invoice u/s94j @ 10%
Party said not deducted tds because bill value not cross > 30000.00
Pleae solve this problem
Menu
Tds not deducted against this invoice
Replies (3)
Quick Summary
If the total amount during the year does not exceed 30k then you are not required to deduct TDS. if suppose they raise another invoices for any amount in the same year then you will have to deduct on new invoice as well as on 30k invoice
Agree with above
Deductable on taxable portion, based on per payment.
Per payment/invoice amount not crossing Rs 30000, To TDS deduction u/s 194J Applicable.
Per payment/invoice amount not crossing Rs 30000, To TDS deduction u/s 194J Applicable.
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
