Tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 August 2013 Can you explain me that how we know amount(on 2%) of TDS on AMC contracts If bill amount not exceeds Rs 30000/-
How we calculate it?

12 August 2013 If bill amount does not exceed Rs 30000/- then TDS not required to be deducted.

Annual threshold limit is Rs 75000/-.

TDS to be deducted on entire amount when threshold limit is crossed.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 August 2013 if my clien charge TDS for vendor under mention limites than what future problems arises?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 August 2013 if my clien charge TDS for vendor under mention limites than what future problems arises?

12 August 2013 No problems with Income Tax Department provided the deductee do not have a problem.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 August 2013 thank you sir


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details