02 April 2016
Dear Experts, I have receipt three different bill of service 25000, 25000, 28000 total 78000 On third bill the threshold limit is being crossed the third bill which i have booked on 30/3/2016 however the payment of first's two bills has already been made to vendor, please tell me which amount and which date will be disclose in TDS statement,
02 April 2016
first of all clear that above payment are liable to deduct TDS. if above are liable to deduct TDS then on last payment you deduct TDS on whole amount which are already paid i.e. Rs. 28000/- you deduct tds of Rs. 1% of 2% on rs. 78000/-
Querist :
Anonymous
Querist :
Anonymous
(Querist)
02 April 2016
Sir i have made the TDS liability On third bill on 30/3/2016 but the third bill amount is 28000 and i have made TDS liability of 1% on 78000 my query is what amount credited and which date Is to be disclose in TDS statement if credited amount 78000 and Date 30/3/2016 then on this date i have booked only one bill of Rs. 28000... plz clarify my doubt..
02 April 2016
Sir.. in TDS return Do i need to disclose only 78000 as credited or three different amount if three how all three amount can be disclose in TDS return...