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Exemption u/s 194c is for single contract or for all contrac

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24 June 2016 Can any one tell me exemption of TDS u/s194C, which is Rs. 1 lakh annually and Rs. 30000/- per payment is for a single contractor or sum of all contracts done with more than one contractor. Let spouse We have 3 contractors and each one has contract for Rs. 50 thousand. In this case we have to deduct TDS or not u/s 194 C. Please tell me same thing regarding TDS u/s 194I

24 June 2016 The limit is applicable for a single contractor.

24 June 2016 Thanks Sir. Is exemption of Rs 180000/- u/s 194 I(B) is applied on single party?




24 June 2016 If rent bill has Rent on machinery amount Rs.100 and labour/freight Rs. 10. Then on which amount TDS is deducted (100 or 110)?

24 June 2016 Yes it has to be applied on single party.

24 June 2016 TDS applicable on 110.

24 June 2016 Thank You so much sir



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