IF PAYMENT IS MORE THAN 30,000/- THEN DEDUCT TAX @ 1% FOR INDIVIDUAL , HUF
FOR OTHER THAN ABOVE 2% SHOULD BE DEDUCTED
194c
Page no : 3
CA PRIYUL SHAH
(JOB)
(901 Points)
Replied 06 December 2013
Yes, You are required to deduct TDS at the time of credit OR payment whichever is earlier.
Recent Topics
- GST Registration for Postal Agent
- COMMUNICATION ON GST PORTAL BETWEEN DEALER
- ERROR IN ITR 3 and ITR 2
- Error in jason file itr 3 pls guide
- Clarification on Applicability of RCM for IT Consu
- Fuel Your Success Story with Quick and Economical
- How to Manage Funds Effectively: A Guide for Indiv
- Regarding digital signature on sale bill invoice
- ITR2 Excel Utility - Issue in Schedule CG
- IT Slab for FY 2024-25 for salaried employees
Related Threads
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
