what is the threshold limit for deducting TDS on job work
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
16 July 2010what is the threshold limit for deducting TDS on job work
RAKESH
(Almost CA)
(2199 Points)
Replied 16 July 2010
job work comes under contract so TDS should be deducted at 1% in case of individual/HUF and 2% other cases and the limit is 20000 single and 50,000 aggregate in full year .
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
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