Tds

This query is : Resolved

Prasanna (Querist)
Follow

11 September 2012 Should TDS be deducted for all payment made as Contract wages to contract workers or is there any limit. Also prescribe what is the rate?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
Follow

11 September 2012 TDS is required to be deducted only if the amount paid during the year exceeds Rs. 30,000/-.

SANYAM ARORA

SANYAM ARORA (Expert)
Follow

11 September 2012 Tds is required to be deducted only if payment exceeds 30,000 in case of single payment & 75000 in case of totality.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

07 October 2021 In case the payment exceeds the exemption limit, TDS is required to be deducted on TOTAL amount.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Sreekumar J Pai

Abhay

Umesh Kamble

GST Karimnagar state

CA Archana R

Subscribe Now

Tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Accountant cum purchase Manager

Audit Manager

Audit, Taxation & Compliance Executive

Senior Accounts Executive

Associate

CA Article /Trainee

CA / MBA (Finance) / CMA / M.Com (Finance)

Accounts, Audit & Compliance Executive