Tds u/s-194c
This query is : Resolved
RAGHAVENDRA G.S
(Querist)
08 July 2014
Sir The Invoice towards labour Charges raised for Rs.40000. And the payment made in Two installments of Rs.20000 each . Is required to deduct TDS u/s Sec-194c ?
08 July 2014
the ans is no as its not exceeding 30,000 per payment nor the annual threshold limit.
08 July 2014
TDS required to be deducted u/s 194C since the invoice amount exceeds the threshold linit of Rs 30000/-.
Had payment been the criteria then everybody will make payment in installment to avoid TDS.
Had payment been the criteria then everybody will make payment in installment to avoid TDS.
Sandeep Dharar
(Expert)
08 July 2014
As per me TDS should b deducted since the single invoice exceeds the limit of Rs. 30K.
Rupesh Jain
(Expert)
08 July 2014
tds will deducted for single bill exceeds Rs. 30000/- deduct the TDS.
Ashish Bansal
(Expert)
08 July 2014
TDS will be deducted.
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Nursery business
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
