Tds


This query is : Resolved 

14 December 2013 hiii
plz tell me in 194c is there any requirement to deduct tds for amc charges for different 3 shops, for which payment has been made in one time of rs. 73000

14 December 2013 If payment made to any party exceeds Rs.30000 in a single payment or total credits during financial year exceeds 75000 tds under 194C mandatory
.
.
so in your case tds 194C mandatory as single payment exceeds 30000


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