What is minium bill of TDS Deduction

Example

If Contractor give us 1st Bill - 10000/-
2nd Bill - 15000/-
3rd Bill - 7000/-


Answer Posted / surendra

1st bill = 10000 not deducted
2ed bill = 15000 deducted total of (10000+15000)=25000*2%
=500/-
3rd bill = 7000 deducted 7000*2% =140/-

casee is not alloud on dated 1 oct 09
more information visit income tax sides

Is This Answer Correct ?    6 Yes 7 No



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