15 January 2011
We are having agreement with the labour contractor for supplying of labour. As per agreement contractor submits its bill every month, and we pay him, net amount after deducting amount of PF and ESI. After submission of prof of deposit of PF and ESI we clear its balance amount. Whether TDS has to be deducted on the balance amount which includes PF and ESIC contribution (Employer's and Employee's)?