TMI BlogTDS deduction on contractor payment (194 C)X X X X Extracts X X X X X X X X Extracts X X X X ..... I Have one Bill of contractor Rs.38,000/- and other bill of 25,000/- Total2 bills till date ₹ 63000/- In this situation i have to deduct TDS on Bill of ₹ 38000/- only OR On Both Bills i. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e. ₹ 63000/- ? - Reply By Ganeshan Kalyani - The Reply = if both the bills are from one party then TDS is deductible on 63 thousand. If the bill received is from 2 parties then TDS is deductib ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le on the bill value 38 thousand. - Reply By Nihal Shaikh - The Reply = Both Bills from Same Party. - Reply By Ganeshan Kalyani - The Reply = Tds is deductible on total amount. - TDS deduction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on contractor payment (194 C) - Query Started By: - Nihal Shaikh Dated:- 12-3-2018 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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