TaxTMI 
TaxTMI 
Dear Sir,
Our labor contracts are raised bill for payment of bonus for financial year 14-15.
In this bill should we deduct TDS or not.
If yes on which ground please clarify.
Regards
Swapneswar Muduli
TDS will attract on Bonus payment to labor contractor
25 Oct 2015 
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TDS on contractor payments: withholding required on bonus payments, with differential rates by contractor status and exclusions for documented reimbursements.
TDS is required on bonus payments to a labour contractor when sums are payable for work under a contract, deductible at the time of credit or payment and subject to different rates depending on whether the contractor is an individual/HUF or another type of entity; genuine reimbursements supported by proof are excluded from deduction. (AI Summary)
TDS is required on bonus payments to a labour contractor when sums are payable for work under a contract, deductible at the time of credit or payment and subject to different rates depending on whether the contractor is an individual/HUF or another type of entity; genuine reimbursements supported by proof are excluded from deduction. (AI Summary)