Tds u/s 194c (4)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 June 2013
9 PEOPLE CAME TOGETHER TO CONSTRUCT BUILDING OF 9 FLOORS WHICH IS MEANT FOR PERSONAL USE AND NOT FOR RESALE. EACH ONE OF THEM HAS TAKEN EACH FLOOR. WHETHER TDS U/S 194C(4) IS APPLICABLE FOR THIS CASE
25 June 2013
It depends upon the terms and manner in which the Project is being carried on.
.
If the work is carried on individually for own and not for others, it is not a case of 194C.
.
However, each one of them has allocated activities and carried on the project then in respect to work done for others, the person can be treated as a contractor.
.
If the work is carried on individually for own and not for others, it is not a case of 194C.
.
However, each one of them has allocated activities and carried on the project then in respect to work done for others, the person can be treated as a contractor.
Message likes :
1 times
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
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
