TDS Not Deducted

This query is : Resolved 

21 September 2009 1. TDS is not deducted for labours who do laying carpets and there annual payment is more than Rs.50,000/-. they do not have PAN or address proof....

2. What if the company has not deducted tds ?

3. Two got burden and did not receive insurance claim, how to account it...

Pls reply urgent...

22 September 2009 TDS to be deducted @ 20% wef 1/10/2009 for people who dont provide with Pan numbers .

The duty to deduct TDS lies on the co , failing which the expenses will be disallowed .

couldnt understand your 3rd question

22 September 2009 The expenses will be disallowed.

20% tds crateria applicable wef 01.04.10.


22 September 2009 You may show as wages paid to workers.
These are not contractors. Salary & Wages has got the same meaning in income tax. You may fix their wages on daily basis. Maintain Wages Register. Attendance and working hours can be adjusted. A worker come daily or on the day required.




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