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TDS Deduction on Work Contract

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(Querist)
05 July 2021 Paid advance Rs. 100000 /- against work contract, as per performa invoice 100000 for supply of goods and 15000/- for installation charges (Material value clearly mentioned on bill item wise)

Is TDS to be deducted against payment of advance
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Gokul Sharma

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Gokul Sharma (Expert)
05 July 2021 yes... tds to be deducted on payment or booking of exp which ever is earlier
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Vipul Acharya

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Vipul Acharya (Querist)
05 July 2021 But as threshold limit does not exceed, because installation charges is only 15000/- why need to deduct TDS
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Gokul Sharma

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Gokul Sharma (Expert)
13 July 2021 YES LIMIT NOT EXCEEDED ....YOU MAY PAY WITHOUT DEDUCTING TDS

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