Tds procedure for sub contractor
in a Company
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TDS procedure for sub contractor in a private company
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If contractors single bill exceeds 30k or overall bill in entire FY exceeds 1lac then TDS @ 1% when payment made to individual and HUF and @ 2% for others shall be deducted and same shall be deposited before 7th of next month in Governments account.
Return of TDS to be filed quarterly
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