https://www.taxtmi.com/forum/issue?id=2711 TDS on payments to contractors is required to be calculated on the gross contract amount, inclusive of taxes such as value added tax, rather than on the net amount after indirect taxes. Applicability depends on payer and payee classification, specified thresholds for deduction, and differentiated withholding rates for individuals/HUFs versus other persons. en-us Mon, 31 Jan 2011 14:37:28 +0530 Thu, 23 Jan 2025 15:58:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2711 TDS on payments to contractors is required to be calculated on the gross contract amount, inclusive of taxes such as value added tax, rather than on the net amount after indirect taxes. Applicability depends on payer and payee classification, specified thresholds for deduction, and differentiated withholding rates for individuals/HUFs versus other persons. Discussion-Forum Income Tax Mon, 31 Jan 2011 14:37:28 +0530 https://www.taxtmi.com/forum/issue?id=2711