TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2011 While making the payment for Security labours on contract, on what amount should i deduct the tds?? whether on gross salary amount or amount after deducting the statutory deductions like Prof tax, PF, ESI etc.? Also provide the reference for the same.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

13 January 2011 My understanding is that in contract security labour payment : you pay to the contractor.

So you need to deduct TDS on the total amount payable to the contractor (including all)

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

24 February 2011 under section 194 C.....

Upgrade to CAclubindia Pro. Subscribe Now!