Tds

This query is : Resolved 

03 June 2016 their are two bills of 40000/ & 2000 .u/s 194c should tds deducted on both amount or only on 40000 as there is no other transaction .so limit of 75000 does not cross

03 June 2016 You have to deduct TDS on 40000/- and not on 2000/- under sec.194c

03 June 2016 if single payment exceeds 30000 then also tds needs to be deducted


16 October 2021 Here, TDS to be deducted on both the bills.



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