in case of contract payments the threshold limit is Rs. 20000, if the limit is crossed then what is the amount on which tax is deducted, Is it the amount over 20000 or we have to work backwards that is the full amount of bills received
amita (accountant) (45 Points)
09 October 2007
in case of contract payments the threshold limit is Rs. 20000, if the limit is crossed then what is the amount on which tax is deducted, Is it the amount over 20000 or we have to work backwards that is the full amount of bills received
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