TDS on Contract Staffing Invoice

TDS / TCS 1718 views 1 replies

Hi ,

I am in the process of signing up with a software company for supplying manpower on contract basis .  My concern is, how to legally avoid  the TDS diduction as it will wipe off the small margin that I will be earning from this transaction as 90% of the invoice value will be disbursed to the contract staff as salary .

Can any one help me resolve this predicament.

Regards.

R.Vaidyanathan

P3 synergy Consulting

9840919226

 

Replies (1)

If your margin is lower than the rate of TDS, obtain a lower deduction certificate in Form 13


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