12 January 2010
we have received a bill from a vendor for website maintenance on monthly basis as per contract norms.can someone please advice how much TDS has to be deducted on the bill of website maintenance
12 January 2010
If total amount of Bill will exceed Rs. 50,000/- during the financial year or any individual payment made exceed Rs. 20,000/- then You should deduct TDS on this payment u/s 194C.