194 c

Yes Sec 194C is Applicable,Payment made to contractor/sub contractor.

REASON....

Applicable if single payment is Rs,30000.Aggregate payment is75000,or exceed...

So as per your question.apply...

Yes Sec 194C is Applicable,Payment made to contractor/sub contractor.

REASON....

Applicable if single payment is Rs,30000.Aggregate payment is Rs 75000,or exceed...

So as per your question.apply...

TDS is applicable @ 2% on company and 1 @ on Individual and Huf.

Yes Sec 194C is Applicable,Payment made to contractor/sub contractor.

, if single payment is Rs,30000.Aggregate payment is75000,or exceed...

Hai.....

Sec 194 C is for deducting TDS on contract services not contratual supply of material. If it is for service then TDS is applicable as the  value of single transaction exceeding Rs.30000/- and as whole Rs.75000/-

Yes tds  is applicable

Dear Rajji

If you  are paying to supplyers than dont deduct TDS, and paying to only against 194C than deduct TDS.

TDS APPLICABLE IF THE SINGLE PAYMENT  MORE THEN 30000 OR ANNUAL   PAYMENT TO PARTY EXCEEDS 75000. TDS 1% FOR INDIVIDUAL AND HUF AND TDS 2% OTHER THAN INDIVIDUAL . ALL THE BEST.

I do agree with Chaintanya reply.

For single transaction to one party,deduct tds if it exceeds 30000, more than one transaction in a financial year  to same party then deduct tds if it exceeds 75000, eventhough individual transactions not exceed  30000.

Here,  single transaction in a f.y amount exceeds 30000, so tds deductable @ 1% in case of individual or huf, in case of firm tds deductable @ 2%,

For single transaction to one party,deduct tds if the invoice amount  exceeds 30000, more than one transaction in a financial year  to same party then deduct tds if it exceeds 75000, eventhough individual transactions not exceed  30000.

Here,  single transaction in a f.y amount exceeds 30000, so tds deductable @ 1% in case of individual or huf, in case of firm tds deductable @ 2%,

The assessee has contractor of Torrent Power ltd., he supply taxi car and loading car to them. Taxi car supply for Torrent Staff & worker. Torrent has deducted a source of tax in 194-I. The assessee has given contract to other taxi driver. The  assessee has paying an amount to Taxi driver contractor. so, my question is that, the asseesee would be deducted at source in which section either 194-C or 194-I ?

Thanks

if assessess pay amt to taxi driver contractor for using taxi is come under sec 194 i

Yes TDS u/s 194C Applicable Beacuse ITs Exceeds limit of 75000