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Limit of section 194c

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Querist : Anonymous (Querist)
15 April 2015 If a bill of Rs.31460.8 is received (Expense-28000+Service tax-3460.8) then tds to be deducted or not?????

15 April 2015 yes tds should b deducted...because single payment wil cros 30000 limit

01 June 2015 No. As clarified by CBDT that TDS is not to be deducted on service tax portion of the bill. As the contract amount before service tax is below Rs. 30,000/- there is no liability of deduction of TDS U/s 194 C of the Act.




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