08 July 2023
In a job work where the material and labour are shown seperately in a single bill , total bill amount is 46 k but the labour chgs are below 22k k, should the tds be deducted considering the threshold of 30 k for 1 bill ,
Or not to deduct TDS as the labour chgs are below 30k
08 July 2023
The exclusion of value of material is for tax deduction only not for ascertaining applicability. TDS applicable because sum is above 30k. TDS will be on 46k less value of material.
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