TDS on contract work

Originally posted by : GOVARDHAN KUMAR
	Hi any body pls tell me, whether Arunachal Pradesh Local People have TDS on contract work ? if no give me the details with Section or Circular

TDS CONTRACTORS COME UNDER 194 C

FOR INDIVIDUAL @ 1%

IF ITS COMPANY @ 2%

NOTE: TDS IS DEDUCTED ONLY IF THE PERSON OR COMPANY PAID SINGLE PAYMENT IN 30000 OR AGREEGATE OF RS 75000 IN THE SAME ACCOUNTING YEAR THEN ONLY WE DEDUCT TDS OTHERWISE NIL

THANKS

BAVAN

Bhavankumar is correct

Yes Sir  Bhavankumar is correct

I AGREE WITH Bhavankumar.

ok. thank you

Bavan

• No deduction shall be made from the amount of any sum credited or paid or likely to be credited or paid to the account of, or to, the contractor, if such sum does not exceed 30[thirty] thousand rupees
• Provided that where the aggregate of the amounts of such sums credited or paid or likely to be credited or paid during the financial year exceeds 75[seventy-five] thousand rupees, the person is responsible for deduct income-tax under this section.