Tds are deductiable or not


This query is : Resolved 

(Querist)
28 December 2017 dear sir, over client tournover is below 1 cr in f.y. 2016-17 and he was not deducted tds on payment of diamond labour charges at rs 1550000.00 but in f.y. 2017-18 his sales more than 2 cr so sugest me tds are deductiable or not on 1550000.00 in f.y. 2017-18
and over client status is individual. so, solve my query in sortly.

RAJA P M (Expert)
28 December 2017 If T/O is less than 1cr in FY 2016-17. Then no need deduct TDS on 16-17...
But, T/O above 1 Cr in FY 2017-18 then Yes... he ll Deduct TDS for above said Labour Bill. Apply TAN and Deduct TDS...

But, The above said amount is confused in Both FY...

RAJA P M (Expert)
28 December 2017 If T/O is less than 1cr in FY 2016-17. Then no need deduct TDS on 16-17...
But, T/O above 1 Cr in FY 2017-18 then Yes... he ll Deduct TDS for above said Labour Bill. Apply TAN and Deduct TDS...

But, The above said amount is confused in Both FY...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details