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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/-


Answer Posted / vasant

Tds deduct from main contractor bill 2% and sub contractor 1%

Tds no deduct limit upto  rs.30000/- 
And yearly 75000/-

Is This Answer Correct ?    1 Yes 0 No



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