Tds
This query is : Resolved
29 June 2015
when Tds should be deducted u/s 194C?
Date of Invoice 01/09/2014
Date of Entry(in books) 28/10/2014
Date of payments 31/12/2014
Date of Invoice 01/09/2014
Date of Entry(in books) 28/10/2014
Date of payments 31/12/2014
Mohan Babu.L
(Expert)
29 June 2015
Hi Deepak,
Nature of expenses, threshold limit etc is not clear / not mentioned.
In general while you make entry in the books (on receipt of invoice) or on making advance payments if any (date of invoice) etc TDS has to be deducted based on the threshold limit.
For clear idea on section 194c, please visit the following link given below:
https://www.charteredclub.com/section-194c/
Good Luck..
Nature of expenses, threshold limit etc is not clear / not mentioned.
In general while you make entry in the books (on receipt of invoice) or on making advance payments if any (date of invoice) etc TDS has to be deducted based on the threshold limit.
For clear idea on section 194c, please visit the following link given below:
https://www.charteredclub.com/section-194c/
Good Luck..
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
