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PURCHASE LABOUR CHARGE FROM R.K.DAS RS.6950AND TDSAPPLICABLE -
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Answer Posted / bharathi
LABOUR CHARGES IS NOT COME UNDER PURCHASE - TDS IS NOT
APPLICABLE FOR THIS TRANSACTION BECAUSE IF SINGLE BILL
EXCEEDS MINIMUM VALUE OF RS.30000/- THEN TDS IS
APPLICABLE. IT IS BELOW RS.30000/- HENCE TDS IS NOT
APPLICABLE - IF YOU ARE GOING TO GET SERVICES REGULARLY
FROM R.K. DAS FOR THIS FINANCIAL YEAR IF IT EXCEEDS THE
LIMIT THEN TDS IS APPLICABLE FOR THE SAME
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