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/-.
SANYAM ARORA
(Expert)
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
(Expert)
07 October 2021
In case the payment exceeds the exemption limit, TDS is required to be deducted on TOTAL amount.
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