206AB TDS DEPOSIT ONLINE

This query is : Resolved 

05 September 2021 we have transport company and deduct 5% tds 206AB deposit tax under nature of payment 194C NO NATURE OF PAYMENT IN ONLINE PAYMENT 206AB SO WE HAVE DEPOSIT TAX IN 194C IT IS RIGHT OR WRONG

05 September 2021 Yes, that's Right.
.

05 September 2021 It's right deposit under 194c.
TDS has to be deducted under the relavant section of TDS at double the rate with minimum of 5% and TDS return filed


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