Tds on job work

For TDS u/s. 194C (FY 2017-18) no TDS is deductible for contract amount below specified limits

1. Amount of any single sum credited or paid doesn’t exceed Rs. 30,000
2. Aggregate amount of such sums credited or paid doesn’t exceed and doesn’t likely to exceeds Rs. 100,000

So, check the individual bill amount and take call....

Sir, single first payment of my contract with vendor is very likely to be above Rs.30000/- via bank transfer, please let me know the rate of TDS applicable for my transaction which will be around Rs.80K.

Sir, single first payment of my contract with vendor is very likely to be above Rs.30000/- via bank transfer, please let me know the rate of TDS applicable for my transaction which will be around Rs.80K.

Its 1% for Resident Individuals...

Check out the Bill values... the bills are less than Rs. 30k values then no need to deduct TDS...

If any bill exceeds above Rs. 30k then You can deduct TDS on Total bill value...