Section 194c

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 May 2014 under contractor a bill of Rs. 35000/- received and deducted tds @1% (individual) and paid. Another transactions with same contractor received Rs. 8000 and Rs. 6000/- respectively in following months. Query is
1. Do we need to deduct TDS on these two above transactions or not.
2. Total transaction with this contractor is not exceeded Rs. 75000/- during the year.
Please let me know the solution tho this transaction.
Thanks in advance.

02 May 2014 No need to deduct TDS on that bills.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 May 2014 Thank you Mr. Sandeep Dharar

02 May 2014 Ur welcome. Convey thanks by pressing thanks button.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us


Answer Query