Menu
194C TDS applicability
Is TDS applicable in case of a contract bill exceeding ₹30,000 which is paid in advance as 2 installments..?
Replies (4)
If contract bill is more than Rs. 30000, TDS will be applicable u/s 194C, payment is instalment does'nt matter.
If single bill then Yes...
otherwise when aggregate payment cross 1 lakh
Yes TDS Applicability Each Bill Rs.30,000/-.Suppose TDS avoid this Payment Split payment of Rs.20,000/-and Rs 10,000/-
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
