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Dear all, what is the limit for payment to consultaion fee
to avoid tds. if it is a company firm. (even it is a 1000/-
shall we have to deduct 10.3%)

Answers were Sorted based on User's Feedback



Dear all, what is the limit for payment to consultaion fee to avoid tds. if it is a company firm. ..

Answer / kamlesh

after 1/7/2010 tds deduct 10% more than 30000/- on total consultancy charge to a single party.
before1/7/2010 it's limit 20000/-

now,
you pay 1000/-
no tds deducted if it is 1st payment to your party.

Is This Answer Correct ?    3 Yes 1 No

Dear all, what is the limit for payment to consultaion fee to avoid tds. if it is a company firm. ..

Answer / shivarama raju

Thank You Very Much Kamlesh

Is This Answer Correct ?    0 Yes 0 No

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