Labour charge 100000 deduction tds 5%

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Labour charge 100000 deduction tds 5%..

Answer / karthik raja

5000

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Labour charge 100000 deduction tds 5%..

Answer / ajit sharma

tds 5 % not applicable for labour contractor and entry is labour charges dr 100000
to tds 2000
to contractor 98000

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2 Yes

0 No

Labour charge 100000 deduction tds 5%..

Answer / raghuvstar@gmail.com

Rate of TDS Deduction for Labour is 1% or 2%

Individual/HUF 1% >100000*1%
Other than Individual/HUF 2%>100000*2%

75,000 is the limit Per year.
30,000 is per transaction

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