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Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three months I further pay the same Professional Rs 40000/-.Have I to pay Tds on 25000 Or Rs 65000/- or only Rs 40000/-,Have I to pay interest on delayed payment for Rs 25000/-?

Question Posted / sesha_62

Answers were Sorted based on User's Feedback



Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three month..

Answer / gulzar singh

in case professional fee TDS is deductables if
professional fee is excess of Rs. 30000/-

In this question Tds Is deductable amount is Rs. 65000/-
no interest willbe charged for delay payment of TDS on
25000/-

TDS is charged @ 10% of 65000/- that is Rs. 6500/-

Is This Answer Correct ?    11 Yes 3 No

Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three month..

Answer / kishan maurya

you deduct the tds on Rs.65000/- three is no need to pay
intrest amount on Rs.25000/-


10% on Professional

65000 *10%= 6500

Is This Answer Correct ?    1 Yes 0 No

Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three month..

Answer / bijender sharma

If there is single payment 30000 or more and exceeds 70000 annually then it is liability to deduct tax at source

Is This Answer Correct ?    1 Yes 0 No

Igave a cheque of Rs 25000/- to a Professional. Do I deduct TDS on Rs 25000/, then after three month..

Answer / sesha_62

issue not clear-Pls reply

Is This Answer Correct ?    0 Yes 2 No

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