I run a small consultancy firm (partnership with my mother)
from my residence address. My firm is not registered, but I
do have a separate PAN for it. I do not have any salaried
employees. I get work done by freelancers and vendors and
pay them against invoice. My annual revenues are just about
Rs 5-6 lakhs. I am aware that I would need to register for
service tax once I touch Rs 9 lakhs. But I am confused about
my obligation to get a TAN and deduct TDS for all
vendor/freelancer payments. Are there any minimum thresholds
for withholding TDS? Right now I pay 100% of invoice
amounts. Please advise.
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we can cash slase above 20000? and if party pay the above 20000 we can give the recipt.
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If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.