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

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%)

Question Posted / kshatriya_guy

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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.

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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

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