Tds on 194c
This query is : Resolved
26 February 2019
Hi,
Please clarify me on TDS to be deducted on transactions of 194C for the following case:
1.First transaction with a value of INR 19,000 dated 1.4.2018
2.Second transaction with a value of INR 50,000 dated 1.6.2018
Query:
Do we need to deduct TDS on both bills?
Please clarify me on TDS to be deducted on transactions of 194C for the following case:
1.First transaction with a value of INR 19,000 dated 1.4.2018
2.Second transaction with a value of INR 50,000 dated 1.6.2018
Query:
Do we need to deduct TDS on both bills?
26 February 2019
Are transactions single contract?
26 February 2019
Let's assume both cases:
What if it is a single contract and if it is not single contract?
What if it is a single contract and if it is not single contract?
26 February 2019
If amount paid or credited does not exceed Rs. 30,000 in a single payment and Rs. 1, 00,000 in aggregate during the financial year.
26 February 2019
Please refer to my query by considering bill dates and Do i need to deduct TDS on both bills?
27 February 2019
You need to deduct TDS on Rs.50000/- only till the total is within Rs.1,00,000/- in a year.
27 February 2019
Thank you very much!
Message likes :
1 times
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
- Two pancard
- Query Regarding Income Tax Rate on Gain from Transfer of Partnership Stake (LLP Partner)
- Can we claim ITC in 28%
- Regarding E-invoice Generation
- Forgot to update debit note in gst
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Transfer of MF
- Registration of partnership firm maharashtra
- PARTNERSHIP FIRM REGISTARTION
- Can we claim RCM ITC paid on Gst audit of earlier years,
- How to correct Form 26QB
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
