Tds to deduct or not on 194 c?
This query is : Resolved
Sreejith. M
(Querist)
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.
KAVIRAJA ADDANGADI
(Expert)
06 February 2016
No need to Deduct TDS.
Ganeshbabu K
(Expert)
06 February 2016
No TDS required to be deducted as payments to party not exceeded threshold limit for deduction of TDS
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
