Tds

This query is : Resolved 

30 July 2014 in fy-13-14 I gave advance of rs 50000 in cheque and deduct tds of rs 500 to a contractor. now in fy 14-15 he raise a bill of rs 120000. how much I deduct the tds from this bill

30 July 2014 You need to deduct TDS on remaining Rs 70000 I.e., Rs 700/-.


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