TDS deduction on calibration of instruments


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When calibrating instruments in a power plant, the relevant TDS section is typically 194C. This section applies to payments made for contract work. If the payment is made to an individual, TDS should be deducted at 1%, and if paid to a company, the rate is 2%.

03 January 2024 Which section under tds should be deducted on calibration of instruments in a power plant? 194C or 194J?

03 January 2024 TDS can be u/s 194C

14 January 2024 accordingly, TDS @ 1% if payment is made to individuals or 2% if payment is made to company should be made.


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