Tds


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 January 2012 i am working in a bank,
here they are passing bills for cleaningof machines ,there is a contract for cleaning..
@2000 per month for this any tds applicable or not

04 January 2012 TDS is required to be deducted when the Individual contract amount exceeds Rs 30000/ or Aggregate amount credited or paid to a single person exceeds 75000.

In your case TDS is not Applicable.


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