15 January 2015
We are the automobile dealers. Our firm construct a new own building. Payment to contractors above 20000/- Tds will be deduct or not on works contract. Pl. Suggestions give me .
15 January 2015
you are partnership firm or pvt ltd or ltd company then you have to deduct the tds if amount is rs. 75000/- in year or single bill above rs. 30000/-
if you are proprietor then if your sales are more than rs. 100 lacs In last year then you have to deduct the tds in current year. otherwise not required.
CAclubindia
