payment to contractor total amount paid in fin year 22.23
25000
15000
25000
25000 total amount paid 90000 less den 1 lac aggregate
but in april 2023 paid amount 25000
total till april 2023 paid amount 115000
my question tds deduct or not now
thanks in advance
Treat both financial years separately.
The exemption limit applies to the section for each FY separately.
In FY 2023-24 your payment is Rs. 25K, so not liable for TDS deduction.
CAclubindia
