Pays Rs 45,0000.00 to the service provider

This query is : Resolved

Marimuthu (Querist)
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25 October 2023 Dear Experts,
1 A company pays Rs 45,0000.00 to the service provider after deducting the TDS u/s 194C
2 After the certain period, the same service provider provides the service for the amount of Rs 20,000.00
3 Upto this second time service provided by him, the total trasaction value does not cross Rs 1,00,000.00
4 The query
Whether the company needs to deduct the TDS on this second time payment.
Since upto this second time payment, it does not cross the limit of Rs 1,00,000.00
Or once the TDS attracts, it needs to be followed in subsequent transactions.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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25 October 2023 Company no need to deduct the TDS on this second time payment as total payment not crossed 1 lac.

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