Tds return filing

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284 Points Posted on 14 October 2020
I made professional fees pmt to a person for less than 30K. so tds is not payable on this as the threshold limit is not exceeded. so while filing tds return, whether this transaction is required to be reported?
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On 14 October 2020 at 12:47 Report
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Quick Summary
This discussion clarifies whether transactions below the TDS threshold need to be reported when filing a TDS return. Specifically, if professional fees paid are less than £30,000, no TDS is payable. The consensus is that such transactions do not require reporting on the TDS return.

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"Do the Right Thing...!!!"
128162 Points Posted on 14 October 2020
No need...
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On 14 October 2020 at 19:23
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CA
3430 Points Posted on 02 November 2020
Not required
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On 02 November 2020 at 08:31

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