E way bill is for transportation of material, a permission obtained for the transport of goods when exceed value of 50 thousand. It has nothing to do with payment release. Yes, TDS would be deducted from the payment by government if the contract value exceed 2.50 lakhs....
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
