TDS on works contract tax

This query is : Resolved 

12 January 2010 pls can you explain when tax on works contract tax is apllicable.

12 January 2010 Work contract is liable to TDS when total work contract payment increase Rs. 50,000/- and also when any individual payment is made above Rs. 20,000/-

12 January 2010 yes agree rs.20,000/- on payment & rs. 50,000 p.a on accural basis


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