Tds on contractor

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rakesh sah (Querist)
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11 May 2018 Up to 3rd quarter i make payment of Rs. 76000 (18000+12000+26000+20000) and TDS is deducted @2% on Rs.76000 in 3rd quarter and Tds return is filed successfully for 3rd quarter. in in next quarter i make payment of Rs.8500 to same person.
my question is that whether Tds is deducted on Rs. 8500 or not ? Please help me with this regard.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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13 May 2018 The total amount for the year is less than Rs. 1 lakhs. However, since you have deducted TDS on earlier bills/ payments, it is advisable to deduct TDS on Rs. 8500 also.

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