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What is minium bill of TDS Deduction
Example
If Contractor give us 1st Bill - 10000/-
2nd Bill - 15000/-
3rd Bill - 7000/-
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Answer Posted / rekha
In a constraction of building for a contractor we have to
pay 11.33%
so total of all 3 bills we have to deduct 11.33%
| Is This Answer Correct ? | 13 Yes | 31 No |
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Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..
