11 September 2014
first bill of contractor is more than 30000/-but there after we have to received bill from contractor but total value not crossed more than 75000/- then in this situation we have to deduct tds on latter bill or not.
11 September 2014
Required to deduct the tax please refer section 194C(5)
Querist :
Anonymous
Querist :
Anonymous
(Querist)
11 September 2014
sir please mention what is 194 c(5) and i just want to know that if fist bill received Rs 35K and there after i received 10k, 20K and 5k then on further bill i have to deduct TDS or not.
CAclubindia
