Sir I pay of rs 20000 each person for professional service in a financial year . I paid two persons for professional service and the total amount is rs 40000 for two persons professional service. So will i deduct tds on professional service of these two persons????sir plz reply me....
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).