I received services rs 35400 in which Gst include rs 5400 so service amount is 30000 in a year so TDs is required or not
I received services rs 35400 in which Gst include rs 5400 so service amount is 30000 in a year so TDs is required or not
One bill in particular year no need dectudetd TDS...
As per section 194J TDS Thereshhold limt is 30000/-.PA. So in this case you received 2 bills from two different service providers, you just ask is any chance to take the service from service providers in future?
if we take the service in future please deducted TDS 10%.
Couldnt take the service in future no need to deductud the TDS(Because bill is below threshold limt).
In future means in a particular financial year. Any bill below threshhold limit no need dectuded TDS.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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