13 July 2012
One of our client has paid an amount of Rs 8.00Lac as Payment to Contractor for Building construction since April-2012 till date. (6.00 Lacs out of this is via cheque and 2.00 Lacs as cash.) In the same way Rs 327000 has been paid to advertisement company for Newspapers, Hoardings and wall paintings.Please advice on the issue of TDS on above. How much to be deducted and when it gets payable ?
CAclubindia
