TDS deduction on contractor payment (194 C)

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..... TDS deduction on contractor payment (194 C)
Query (Issue) Started By: - Nihal Shaikh Dated:- 12-3-2018 Last Reply Date:- 14-3-2018 Income Tax
Got 3 Replies
Income Tax
I Have one Bill of c .....

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..... ontractor 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.e. ₹ 63000/- ? .....

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..... 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 deductible on the bill value 38 t .....

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..... housand. Reply By Nihal Shaikh: The Reply: Both Bills from Same Party. Reply By Ganeshan Kalyani: The Reply: Tds is deductible on total amount.
Discussion Forum - Knowledge Sharing .....

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