Deduction of tds
This query is : Resolved
05 October 2013
in company, during pooja, 2 bills have raised by faraskhana on different date, for mandap,chair arrangement one bill and for catering exps another bill, which come to Rs.33,000=00, but single payment of Rs.33,000=00 made for same, i want to know that whether tds is to be deducted for same.
06 October 2013
If you are booking the bills first and making the payment against those bills, it can be considered as aggregate payment for all the bills, then threshold limit still under the limit, no TDS apply
Incase payment made first and bills are booked later then TDS apply as single payment of Rs.33000/-
Incase payment made first and bills are booked later then TDS apply as single payment of Rs.33000/-
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