09 January 2018
Sir i credited 4 bill of contractor 7000/- + 8000 + 5000/- + 4000/- Total of 24000/- payable but i paid Rs. 31000/- by Cheque then TDS deductable or not
09 January 2018
In my view since credit is less than Rs.30000 and then payment is made for Rs.31000, TDS is not applicable. But to be on the safe side there is no harm in deducting Tax.
CAclubindia
