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194C TDS applicability

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7 Points Posted on 02 August 2019
Is TDS applicable in case of a contract bill exceeding ₹30,000 which is paid in advance as 2 installments..?
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On 02 August 2019 at 17:12 Report
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Financial advisor
591 Points Posted on 02 August 2019

If contract bill is more than Rs. 30000, TDS will be applicable u/s 194C, payment is instalment does'nt matter.

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On 02 August 2019 at 17:34
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"Do the Right Thing...!!!"
128147 Points Posted on 02 August 2019
If single bill then Yes...
463 Reply
On 02 August 2019 at 18:14
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17264 Points Posted on 02 August 2019
otherwise when aggregate payment cross 1 lakh
101 Reply
On 02 August 2019 at 21:54
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33 Points Posted on 02 August 2019
Yes TDS Applicability Each Bill Rs.30,000/-.Suppose TDS avoid this Payment Split payment of Rs.20,000/-and Rs 10,000/-
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On 02 August 2019 at 22:29


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