Tds section on service charges
This query is : Resolved
Shikha Mishra
(Querist)
25 April 2018
hi all,
I got a bill from a vendor he is paying electricity on my company's behalf and then ask for reimbursement. which for 19000, he is also adding service charges of 2850 ( which is 15% of electricity bill). please tell me under which section service charges would go? 194H or 194C.
I got a bill from a vendor he is paying electricity on my company's behalf and then ask for reimbursement. which for 19000, he is also adding service charges of 2850 ( which is 15% of electricity bill). please tell me under which section service charges would go? 194H or 194C.
KAVIRAJA ADDANGADI
(Expert)
25 April 2018
No need to deduct tds Whatever amount paid is below the threshold limit .
Anmol Davesar
(Expert)
30 April 2018
under 194H,,
No deduction shall be made under this section in a case where the amount or the aggregate amounts of such income to be credited or paid during the financial year does not exceed INR 15,000.
No deduction shall be made under this section in a case where the amount or the aggregate amounts of such income to be credited or paid during the financial year does not exceed INR 15,000.
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