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Tds u/s 194c

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Querist : Anonymous

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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
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Rupesh Jain

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Rupesh Jain (Expert)
09 December 2014 yes you have to deduct to tds.
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SANYAM ARORA

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SANYAM ARORA (Expert)
09 December 2014 sir but the overall limit has not exceeded



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Rupesh Jain

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

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