Tds u/s-194c
This query is : Resolved
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.
08 July 2014
As per me TDS should b deducted since the single invoice exceeds the limit of Rs. 30K.
08 July 2014
tds will deducted for single bill exceeds Rs. 30000/- deduct the TDS.
08 July 2014
TDS will be deducted.
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