TDS Deduction for Contract Workers: Is It Necessary After Project Completion?

Hi, I started working in an IT company a week ago. I have a question regarding hiring candidates on a contract basis for project deadlines. In the scenario where the project is completed, does TDS deduction become necessary for the contractor? Alternatively, is it feasible for the contractor to issue an invoice, and then we pay based on the specified amount?

Thank you.

Hello,

TDS PT needs to be deducted only if the amount is above $30,000. In such a case, TDS PT at a flat rate of 10% should be deducted.

Regards,
Chandana Hyma