TDS deduction

Ravi KUMAR (34 Points)

21 October 2018

pl let me know Rs 250000/- fixed per contract or per anum

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4 Replies

Fake Singh (15 Points)
Replied 22 October 2018

u/s, 52, If value of taxable supplies exceed Rs. 2.5 Lakhs per contract

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 22 October 2018

Its Per contract not per annum

Fake Singh (15 Points)
Replied 22 October 2018

It is section 51 instead of Section 52, by mistake

Vinod Babu (24196 Points)
Replied 22 October 2018

TDS deduction is per contract when the total value of supply under a contract exceeds Rs 2.5 lakhs.

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