Tds on piling work
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 February 2014
I have received a bill from a subcontractor of piling work. He has charged service tax on it. what should be the TDS rate.
Yogesh Shukla
(Expert)
19 February 2014
Section Nature CUT OFF Rate %
HUF/IND Oth.
194C(1) Contracts 30000 1% 2%
194C(2) Sub-contracts 30000 1% 2%
Yearly Limit u/s 194C: Where the aggregate of the amounts paid/credited or likely to be
paid/credited to Contractor or Sub-contractor exceeds Rs.75,000 during the financial year,
TDS has to be deducted u/s 194C
HUF/IND Oth.
194C(1) Contracts 30000 1% 2%
194C(2) Sub-contracts 30000 1% 2%
Yearly Limit u/s 194C: Where the aggregate of the amounts paid/credited or likely to be
paid/credited to Contractor or Sub-contractor exceeds Rs.75,000 during the financial year,
TDS has to be deducted u/s 194C
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