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Tds application

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(Querist)
10 December 2024 If we made payment of rs 10 lakhs in single cheque for construction in trust then tds is applicable or not? if applicable then under which section and what is the threshold limit for the same?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
10 December 2024 Whom the payment is made? Whether contractor?
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Suresh S. Tejwani

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Suresh S. Tejwani (Querist)
10 December 2024 YESS THE SAME IS TO THE CONTRACTOR
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
10 December 2024 Yes, under sec. 194C IT act.
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