Tds to deduct or not on 194 c?
This query is : Resolved
06 February 2016
Our society has paid 2 payments for Advertisement and for printing brochure to X company.
1, On June 15 2015 Rs.19902/- Tds not deducted because not exceeded 30K
2, On Sep 8 2015 Rs.22515/- not deducted because not crossed 75k
3, Now a bill is ready for Rs.11164/- what to do ? deduct or not ?
In this FY 15-16 there is no other payment is expected. Kindly help.
Our society has paid 2 payments for Advertisement and for printing brochure to X company.
1, On June 15 2015 Rs.19902/- Tds not deducted because not exceeded 30K
2, On Sep 8 2015 Rs.22515/- not deducted because not crossed 75k
3, Now a bill is ready for Rs.11164/- what to do ? deduct or not ?
In this FY 15-16 there is no other payment is expected. Kindly help.
06 February 2016
No need to Deduct TDS.
06 February 2016
No TDS required to be deducted as payments to party not exceeded threshold limit for deduction of TDS
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