Tds applicable or not
This query is : Open
24 April 2018
We have given contract of Rs. 61000/- for Canopy work for our office.50% advance payment made Rs. 30000/- balance to be paid whether the TDS need to be deducted or not
24 April 2018
TDS not deductible as payment within threshold.
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24 April 2018
TDS is not required to be deducted as the amount is within the prescribed threshold..
24 April 2018
TDS not applicable as per above value in the FY...
But,
In case the contractor give bill in the full value then TDS is deductible if Bill value above 30k...
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