Tds u/s 194c

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Querist : Anonymous (Querist)
09 December 2014 U/s. 194C, First Transaction of Rs. 45000, TDS Deducted @ 1% Rs. 450, Next Transaction of Rs. 18000, Rs.18000 is liable to deduct TDS or Not

09 December 2014 yes you have to deduct to tds.

09 December 2014 sir but the overall limit has not exceeded

09 December 2014 if it is two transaction of rs. 18000/- then tds will applicable other wise not applicable.


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