TDS

This query is : Resolved 

08 May 2010 OUR CONTRACTOR IS TOTAL BILLING IS RUPEE 40000/- FOR THE YEAR EACH BILL LESS THEN 20000/- AS PER CONTRACTOR LIMIT IS 50000/- FOR TDS DEDUCTION BUT SAID CONTRACTOR NOT HAVEING PAN NO. CAN WE DEDUCT TDS ? OR NOT . FOR FY 10-11

08 May 2010 Actual billing limit and one time payment limit is not exceeding the thershold limit so no need to deduct the TDS

08 May 2010 AGREE NO NEED TO DEDUCT TDS AS TOTAL AMOUNT WITHIN THRESHOLD LIMIT.


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