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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




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