TDS on professional services (194j)

The professional services was of Rs. 20,000 for the first time and for the second time Rs. 60,000 in a financial year. On what amount the TDS should be deducted if the transaction amount exceeds the threshold limit?
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Quick Summary
This discussion clarifies the rules for Tax Deducted at Source (TDS) on professional services. When the total professional service payments in a financial year exceed the threshold limit, TDS should be deducted on the amount exceeding that limit, not the entire sum. In this case, with payments of Rs. 20,000 and Rs. 60,000, the TDS is applicable on the Rs. 60,000 payment as it crosses the threshold.

On total value 80k
TDS should be deducted on 60000 rupees

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