Tds on contractor 194c

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ATUL GUPTA (Querist)
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13 September 2013 pls anybody tell me it is mandatory to deduct for an individual if he not get his account audited in the previous year

Ajay Mishra

Ajay Mishra (Expert)
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13 September 2013 Hi

As per reading of section 194C, it does not impose any condition like that he/it is audited their account or not.

So, if you are eligible to deduct tax under section 194C, you will deduct accordingly.

https://law.incometaxindia.gov.in/dittaxmann/incometaxacts/2008itact/Sec_194C.htm

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Ganeshbabu K

Ganeshbabu K (Expert)
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13 September 2013 Not required to deduct tds if individual not subject to tax audit in previous year

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ATUL GUPTA

ATUL GUPTA (Querist)
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13 September 2013 pls clear the same i am confused?

CA Pallav Singhania

CA Pallav Singhania (Expert)
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13 September 2013 Agree with experts,

In case of payment U/S 194A, 194C, 194H and 194J in respect of individual and HUF, only if Tax Audit is applicable in previous year,TDS is required to be deducted...

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