TDS on a bill above 30000


This query is : Resolved 

Quick Summary
If a single bill surpasses £30,000, TDS (Tax Deducted at Source) should be applied to the entire amount, including any previously paid portions. This applies even if the total bills for the financial year remain below a higher threshold like £89,000. The key trigger for TDS is the individual bill amount exceeding the specified limit.

26 April 2025 Hello Experts,

If one bill if above 35000 but the total bills for the year are below 89000, should we deduct tds on entire 89000 on 35000

Please guide

26 April 2025 Yes, on entire..... including previously paid amount...........

28 September 2025 Good luck.....


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