Tds

Sir,

I have a confusion regarding deduction of tds on payment.

Pls tell me sir,

Suppose say Rent on Plant and Machinery (Rate of TDS is 2%)

Threshold limit is given 1,80,000.00 and above

Now say when we have hired a machinery from a paricular party. At the end of the month he raises a bill on us for the first time say for Rs. 50,000.00. (Now whether we have to deduct tds on this amount or what)

OR we will have to  wait until it payment crosses 1,80,000.00 in a year.

How it works.

Please clarify.

Thanks

Sushant