TDS threshold applicable on Value of Supply or Payment
This query is : Resolved
03 June 2020
Dear Expert,
Please put your valuable time on my query and clear the confusion.
If i received a bill from contractor (Value of Supply is 28000 + GST 3360 = Invoice Amount is 31360.00) for Rs. 31360.00, should i deduct the TDS on this transaction?
Please put your valuable time on my query and clear the confusion.
If i received a bill from contractor (Value of Supply is 28000 + GST 3360 = Invoice Amount is 31360.00) for Rs. 31360.00, should i deduct the TDS on this transaction?
03 June 2020
yes.......if single invoice exceeds 30000 tds applicable.
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