tds on individual
This query is : Resolved
18 February 2017
If a customer made payment of RS.40000/- and Bill in the name of individual person , and his also owner of a Pvt Ltd company , can he deducted TDs of that bill if deducted what TDs rate applicable
20 February 2017
service of vehicle
27 July 2025
For **TDS on payment to an individual for vehicle service**:
* Since the service is related to *repair or maintenance*, it falls under **Section 194C** (Payment to contractors or subcontractors).
* **TDS rate under Section 194C for individual/HUF**: **1%** if the payment is to an individual or HUF (else 2% for others).
* Threshold: TDS is to be deducted if the payment exceeds Rs. 30,000 in a single payment or Rs. 1,00,000 in aggregate during the financial year.
**So, if the payment of Rs. 40,000 is a single payment for vehicle service to the individual, then TDS @1% should be deducted.**
---
**Summary:**
| Payment Type | Section | TDS Rate (Individual) | Threshold |
| -------------------------- | ------- | --------------------- | ----------------------------------------------------- |
| Vehicle service (contract) | 194C | 1% | > Rs. 30,000 per payment or Rs. 1,00,000 in aggregate |
---
If you want, I can help you draft the TDS entry or the certificate details.
* Since the service is related to *repair or maintenance*, it falls under **Section 194C** (Payment to contractors or subcontractors).
* **TDS rate under Section 194C for individual/HUF**: **1%** if the payment is to an individual or HUF (else 2% for others).
* Threshold: TDS is to be deducted if the payment exceeds Rs. 30,000 in a single payment or Rs. 1,00,000 in aggregate during the financial year.
**So, if the payment of Rs. 40,000 is a single payment for vehicle service to the individual, then TDS @1% should be deducted.**
---
**Summary:**
| Payment Type | Section | TDS Rate (Individual) | Threshold |
| -------------------------- | ------- | --------------------- | ----------------------------------------------------- |
| Vehicle service (contract) | 194C | 1% | > Rs. 30,000 per payment or Rs. 1,00,000 in aggregate |
---
If you want, I can help you draft the TDS entry or the certificate details.
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