Tds

This query is : Resolved 

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?

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

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.

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


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