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Tds

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(Querist)
02 August 2015 Dear Sir Please clarify in which amount Tds charge. Tds on contractor Amount of bill 30000 or 30001
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Pankaj Garg

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Pankaj Garg (Expert)
03 August 2015 Tds is to be deducted when payment is exceeds 30000, not on 30000.
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
04 August 2015 You are talking about section 194-C payment to contractor..

Tds require to deduct tds @1%/2% depending upon status of payee if exceeds

30000 for single contract
75000 for all transaction during the year




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