When we liable to deduct tds u/s 194c

This query is : Open

ALI AKBAR (Querist)
Follow

16 June 2017 Hi Team,

Please suggest me when should deduct tds u/s 194C:

1. When bill is raised.
2. When payment is made.
3. Which ever is earlier.

Please let me know which aforesaid condition is applicable for the deduction.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

16 June 2017 Date of Actual accounting of invoice/creating provision in the books or date of actual payment ( Including advance) made which ever is earlier

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

16 June 2017 at the time of credit of such sum to the account of the contractor or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct TDS

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

16 June 2017 When payment is made you need to deduct TDS u/s 194C.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rakesh Bansal

SANJAY GAIROLA

Saumil Kapadia

DSK TMC

Frank

Subscribe Now

When we liable to deduct tds u/s 194c

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Senior Executive

GST CONSULTANCY

GST CONSULTANT

Manager- Finance and Compliance

CA Final