Tds deduction on manpower service

This query is : Resolved

somanath sutar (Querist)
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08 March 2014 Hi everyone,

1 st invoice raised by manpower service:-26751 of dec month
2nd invoice raised:-39026 of jan month
3rd invoice raised:-19802 of feb month

My company didnot deduct tds on such contractor on 2 invoice which is above 30000. can i deduct on 3rd invoice which is below 30000.
what is the procedure of deducting of tds not yet deducting on jan month.

pls advice above this matter. can u give your mob no to discuss of my query on future.
its very urgent. pls..........

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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08 March 2014 1. You had to deduct TDS on the invoice of Rs. 39,026/-.

2. Moreover, since the total amount exceeds Rs. 75,000/- you have to deduct TDS on the TOTAL amount of Rs. 85,579/-.

3. Deduct TDS from the bill of Feb. You will have to pay interest for late deduction of TDS.