Tds on security services

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

14 March 2014 In a Pvt.Ltd. Company there is a security at gate.
Company make monthly cash payment to the consultant of rs. 5800.

Is company liable to deduct TDS???

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

15 March 2014 it is not a consultant...at best be included as a contracted employee...no TDS should apply as long 194c limit is not crossed

Querist : Anonymous

Querist : Anonymous (Querist)

15 March 2014 Nikhil Sir

Bt I shown many companies they deduct TDS on payment,

In my case a company paid yearly 69,600
It is more than rs.30,000
Thts y I m confused

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

15 March 2014 the condition of 30000 is for a single payment...as long as each payment is less than Rs 30000 and overall payments in a year dont exceed Rs 75000, TDS is not be deducted.

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2014 Than ok
Thank u somuch

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

18 March 2014 you are welcome friend....

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok