TDS
This query is : Resolved
Sanoj Kr. Sharma
(Querist)
10 June 2009
Pls any one tell me what is the minimum amt. on which we can deduct TDS fo payment of supplier.
Is there is any problem to make payment in cash 20,000/- and above to any supplier.
Pls send answer of my query in my mail ID: sanojsharma84@gmail.com.
Is there is any problem to make payment in cash 20,000/- and above to any supplier.
Pls send answer of my query in my mail ID: sanojsharma84@gmail.com.
Radheyshyam Falod
(Expert)
10 June 2009
First of all it is not very clear that what you supplier will supply to you as there are different rates for different things. If only material is supplied then no TDS. You cannot make payment to any supplier exceeding Rs. 20,000/- in one day.
If you make it ll be disallowed. Search the files section for further assisstance.
If you make it ll be disallowed. Search the files section for further assisstance.
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