tds

This query is : Resolved 

28 May 2010 hello sir,
i m receiving bills for contract from same party for different contract exp.
say i m receiving invoice for courier services and also from some other service from the same party.

noe for tds deduction whether i have to consider both exp invoices aggregrate for considering limit of 50000.

28 May 2010 If both the payments are in the nature of contracts, you have to consider both the invoices/payments in aggregate for considering the limit u/s.194C.

28 May 2010 AGREE. SERVICE MAY BE DIFFERENT BUT AGREEGATE UNDER SEC 194C WILL BE CONSIDERED.


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