banner_ad

TDS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 November 2010 For painting work of wall of office building,TDS is applicable if it exceeds 30000/-
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
30 November 2010 Yes. TDS to deducted us/ 194C.


For rates and threshold limits see below link---

https://www.caclubindia.com/forum/details.asp?mod_id=109491
Profile Image

CA.ViVeK M ACA

Profile Image

CA.ViVeK M ACA (Expert)
30 November 2010 The above transaction will fall under contract since the provision is wide enough to cover the above transaction.

The payee is required to Deduct 2 % if the single payment exceeds Rs 30,000/- or total payment during the year exceeds Rs 75,000/- during the year.
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
30 November 2010 Vivek Ji TDS need to be deducted by payer and not payee.

Rate of TDS u/s 194C:
Individual/ HUF @1%
Others 2%
If PAN not Given 20%
Threshold limit as mentioned by Vivek Ji.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details