tds
This query is : Resolved
ravisaikumar
(Querist)
25 June 2010
if a company is paying amt less then Rs 20000 in cash to a person who provide services to the company. he dos'nt hold a pan card?
query:-how can v avoid tds to that person?
query:-how can v avoid tds to that person?
Shyam Lal Naik
(Expert)
25 June 2010
From the facts of the query, TDS is not applicable.
TDS deduction and payment in cash are two different issue.
TDS u/s 194C is applicable if the value of single transaction exceeds Rs. 20k(30k wef 01.07.10) or aggregate value during the year exceeds Rs. 50k(75k wef 01.07.10).
TDS deduction and payment in cash are two different issue.
TDS u/s 194C is applicable if the value of single transaction exceeds Rs. 20k(30k wef 01.07.10) or aggregate value during the year exceeds Rs. 50k(75k wef 01.07.10).
Shyam Lal Naik
(Expert)
25 June 2010
In case TDS is applicable, TDS @ 20% has to be deducted.
Abuzar Azmi
(Expert)
25 June 2010
I agree,
There is no TDS in this case. The issue of PAN card would arise only when, TDS is applicable to the person.
There is no TDS in this case. The issue of PAN card would arise only when, TDS is applicable to the person.
25 June 2010
AGREED WITH EXPERTS. ISSUE OF PAN ARISE ONLY WHEN TDS IS APPICABLE TO THE PERSON.
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 Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- 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
- Goods sold but invoice not issued
- 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
