Tax exemption certificate for contractors and sub-contractor
This query is : Resolved
17 June 2009
Dear Sir/Madam
For a contractor or sub-contractor, for not deducting Tax Deducted at source is any forms to submit and will that come under Income Tax threshold limit or there are any specified norms for this. Please make us know the form numbers.
Thanks in advance.
For a contractor or sub-contractor, for not deducting Tax Deducted at source is any forms to submit and will that come under Income Tax threshold limit or there are any specified norms for this. Please make us know the form numbers.
Thanks in advance.
CA.BHARAT BHUSHAN
(Expert)
17 June 2009
Section 194C(3)(i) deals with situation of contractor and sub contractor.
An individual sub-contractor having not more than 2 goods carriage may file a declaration in Form 15-I to the contractor, not to deduct the TDS. In turn, Contractor shall file the information of such sub contractor in Form 15-J to the jurisdictional Commissioner of Income Tax within prescribed time.
An individual sub-contractor having not more than 2 goods carriage may file a declaration in Form 15-I to the contractor, not to deduct the TDS. In turn, Contractor shall file the information of such sub contractor in Form 15-J to the jurisdictional Commissioner of Income Tax within prescribed time.
CA.BHARAT BHUSHAN
(Expert)
17 June 2009
Section 194C(3)(i) deals with situation of contractor and sub contractor.
An individual sub-contractor having not more than 2 goods carriage may file a declaration in Form 15-I to the contractor, not to deduct the TDS. In turn, Contractor shall file the information of such sub contractor in Form 15-J to the jurisdictional Commissioner of Income Tax within prescribed time.
An individual sub-contractor having not more than 2 goods carriage may file a declaration in Form 15-I to the contractor, not to deduct the TDS. In turn, Contractor shall file the information of such sub contractor in Form 15-J to the jurisdictional Commissioner of Income Tax within prescribed time.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
