banner_ad

Tds applicability in partnership firm

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 December 2014 i want to know that i am a partner of partnership firm and having a turnover of RS 1000000,
currently i am paying amount of a contract Rs 210000 to my service provider (covered under telecommunication service) so tell me should i deduct TDS ?? AND at what Rate ???
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
19 December 2014 You need to deduct TDS.
Apply for TAN in the first place.
Profile Image

CA Kumar Mukesh

Profile Image

CA Kumar Mukesh (Expert)
19 December 2014 TDS required to be deduct by firm in all cases under section 194C.

However, no TDS required to be under by individual if he is not covered under tax audit 44AB
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
20 December 2014 of telecommunication bill like internet, mobile bill, telephone bill etc.not required to deduct the tds u/s 194C.

you are partnership firm. if you pay any amount which is required to deduct the tds then you have to deduct the tds w/o considering sales amount.
and you have to apply for tan due to partnership have no exemption for deducting TDS.
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
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details