Tds deduct or not?

This query is : Resolved

sankar (Querist)
Follow

15 January 2015 We are the automobile dealers. Our firm construct a new own building. Payment to contractors above 20000/- Tds will be deduct or not on works contract. Pl. Suggestions give me .

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
Follow

15 January 2015 if you are liable to deduct tds.... then u must deduct tds on this particular transaction also dear...

Rupesh Jain

Rupesh Jain (Expert)
Follow

15 January 2015 you are partnership firm or pvt ltd or ltd company then you have to deduct the tds if amount is rs. 75000/- in year or single bill above rs. 30000/-

if you are proprietor then if your sales are more than rs. 100 lacs In last year then you have to deduct the tds in current year. otherwise not required.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vijay Mishra

DEEPAK BHARGAVA

Ashish Agrawal

Sivakumar

Anoop

Subscribe Now

Tds deduct or not?

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

Article Assistant

CA Final

GST CONSULTANT