Tds categary

This query is : Resolved

Siddharth (Querist)
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02 November 2013 There is one AD AGENCY NAMED (AGRAWAL AD AGENCIES) HE HAS GIVEN US SERVICE.
I WANT TO KNOW TDS CATOGARY & PESENTAGE FOR THE SAME.
THANKS

CA Parul Saxena

CA Parul Saxena (Expert)
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02 November 2013 TDS will be 1% if the single bill payment exceeds 30000 and category section 194C i.e. TDS for contract

Siddharth

Siddharth (Querist)
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02 November 2013 ok thanks
his bill amt is 1L DTD 4.5.13
& Paid only.70k dtd 6.5.13
rest amt.will be write off
then how could i calulate TDS payment
i have to pay as billing or as per actual payment pl suggest.
thanks

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CA Parul Saxena

CA Parul Saxena (Expert)
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02 November 2013 In my opinion you should ask for fresh bill of Rs.70000 and deduct tds on this amount.

Siddharth

Siddharth (Querist)
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02 November 2013 if he didn't provide then what should i do?
pl suggest

CA Parul Saxena

CA Parul Saxena (Expert)
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02 November 2013 TDS should be deducted on Rs.70000 only.....

Siddharth

Siddharth (Querist)
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