Tds u/s-94c
Querist : Anonymous
please help me to solve a query
"a contractor issued a single bill to ABC limited during a particular financial year Amounting Rs.31000/-" what would be the treatment for TDS??
"In the same case if he issued total of 3 bills during the year amounting to Rs 31000, Rs 10000, & Rs.10000 respectively....in this case can i deduct TDS on Rs. 31000 or.....???? "
.
On all the bills TDS is required to be deducted.
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Querist : Anonymous
once deducted means should we have to deduct in all subsequent bills, even if we r not crossing the limits as per provisions??
Querist : Anonymous
What you can do is for subsequent bill, you can make payment without deduction of TDS as Bill amount is not going to cross 75000/-
What you can do is for subsequent bill, you can make payment without deduction of TDS as Bill amount is not going to cross 75000/-
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