First bill under 194 c tds on contract is more than 30000


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Querist : Anonymous

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Querist : Anonymous (Querist)
11 September 2014 first bill of contractor is more than 30000/-but there after we have to received bill from contractor but total value not crossed more than 75000/- then in this situation we have to deduct tds on latter bill or not.

11 September 2014 Required to deduct the tax please refer section 194C(5)

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 September 2014 sir please mention what is 194 c(5) and i just want to know that if fist bill received Rs 35K and there after i received 10k, 20K and 5k then on further bill i have to deduct TDS or not.


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