TDS on AMC charges


(Querist) 06 August 2009

Dear Member,

Please clrify if AMC Charges Payable for the year 35000 whether TDs to be deducted. Payment made on 3 installement Rs. 10,000/- , Rs. 10,000/- & Rs. 15,000/-

chetan soni (Expert) 06 August 2009

yes, as the single contract amount exceeds Rs. 20K as per sec 194C.

Ravi.s (Querist) 07 August 2009

Ravi.s (Querist) 07 August 2009

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

close x