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Querist : Anonymous

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Querist : Anonymous (Querist)
16 July 2014 There is a party "D" from whom no contract was made with Party A. Party A make payment of different bill of different work to Party D bill 1 Rs 4025
bill 2 Rs 5045
bill 3 Rs 709
bill 4 Rs 8094
bill 5 Rs 1478 etc. Total sum of all bill in a year may be exceed Rs 75000 because there is no contract so we dont know amount of all bill will exceed rs 75000 in a year.
whether tds to be deducted in bill 1 2 3 4 5 etc and if not then when to start deduct tds?
whether for deducting tds contract argeement is compulsory?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 July 2014 contract is not required. tds shall apply on whole of the payments..

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