ITDS U/S.194C for FY 2020-21
This query is : Resolved
29 June 2021
U/S.194C, TDS is to be deducted if single transaction exceeds Rs. 30,000/-. If a payment of Rs.80,000/- was paid by me against transporter's 3 nos. bills (27500+27500+25000), in this case whether I will have to deduct TDS or not ?
29 June 2021
TDS applicable if single payment of 80,000 made, irrespective of number of bills.
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