14 December 2011
Dear Sir, If vendor issues "Kaccha Bill" (does not charge Ser. tax. )of work done by him & aggregate amount of repairing work exceed during the year exceed Rs. 75,000/- Should we deduct TDs on it?
14 December 2011
TDS has to be deducted in this case as the payment is in excess of the limits specified in Section 194C. It does not matter whether the person issues a "pakka" bill or a"kuccha" bill.
14 December 2011
TDS has to be deducted in this case as the payment is in excess of the limits specified in Section 194C. It does not matter whether the person issues a "pakka" bill or a"kuccha" bill.