Deduction of tds?


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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2011 We had given packing contract to one individual. he is giving invoice which is in his own name but not company. he had submitted individual pan card. clarify how much tds should i deduct from his bill

23 December 2011 TDS Required to be deducted u/s 194C @1% provided threshold limit is crossed.

Threshold limit:

Single Bill Rs 30000/-

Annual Payment Rs 75000/- p.a.

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2011 thanks sanjay gupta ji


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