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TDS Deduction on Work Contract

This query is : Resolved 

05 July 2021 Paid advance Rs. 100000 /- against work contract, as per performa invoice 100000 for supply of goods and 15000/- for installation charges (Material value clearly mentioned on bill item wise)

Is TDS to be deducted against payment of advance

05 July 2021 yes... tds to be deducted on payment or booking of exp which ever is earlier

05 July 2021 But as threshold limit does not exceed, because installation charges is only 15000/- why need to deduct TDS

13 July 2021 YES LIMIT NOT EXCEEDED ....YOU MAY PAY WITHOUT DEDUCTING TDS


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