12 December 2018
i didnt received a single bill from binder of more then 30000/- but in a financial year i received more then 100000/- rs invoice. will i have deduct TDS while payment made
13 December 2018
Deductors had to deduct TDS @1% in case of Individual or HUF, 2% other under 94C. If single bill or Payment exceeds Rs.30000/- or overall payment in the financial year exceeds 100000/- or above. Since you are recipient if TDS not deducted by deductor will not have any issues obligation is on part of deductor not on deductee.
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