Whether TDS is required to deduct from Security Deposit & canteen Contractor deducted from Security /Canteen Bill Every Month
Note :Security Deposit is refundable at the end of the contract except any damages
Whether TDS is required to deduct from Security Deposit & canteen Contractor deducted from Security /Canteen Bill Every Month
Note :Security Deposit is refundable at the end of the contract except any damages
If SD is refundable, no need to deduct tax on it at source. But if payments are made to contractor against monthly bills, then tax is deductible as per 194C
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