TaxTMI 
TaxTMI 
Sir,
What is the contract value limit for to deduct TDS on works contract as per delhi vat 2004
Delhi vat section 36A
25 Mar 2017 
1 Reply 
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TDS on works contract payments must be deducted by non-individual payers above the prescribed threshold, higher rate for unregistered contractors.
A person other than an individual or HUF paying a contractor for transfer of property in goods under a works contract must deduct tax at the time of credit or payment, whichever is earlier, where the contract value exceeds the prescribed threshold; the rate is four percent, with a higher six percent rate if the contractor is not registered under the Act. (AI Summary)
A person other than an individual or HUF paying a contractor for transfer of property in goods under a works contract must deduct tax at the time of credit or payment, whichever is earlier, where the contract value exceeds the prescribed threshold; the rate is four percent, with a higher six percent rate if the contractor is not registered under the Act. (AI Summary)