Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

Latest Case Laws

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
D. Forum
What's New


Discussions Forum
Home Forum Income Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

TDS deduction on contractor payment (194 C), Income Tax

Issue Id: - 113476
Dated: 12-3-2018
By:- Nihal Shaikh
TDS deduction on contractor payment (194 C)

  • Contents

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.e. ₹ 63000/- ?

Posts / Replies

Showing Replies 1 to 3 of 3 Records

1 Dated: 12-3-2018
By:- Ganeshan Kalyani

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 thousand.

2 Dated: 13-3-2018
By:- Nihal Shaikh

Both Bills from Same Party.

3 Dated: 14-3-2018
By:- Ganeshan Kalyani

Tds is deductible on total amount.


Old Query - New Comments are closed.

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map ||