CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

194C Tds implications


Shruti Sharma   07 August 2020

Shruti Sharma

 6 points

| My Other Post

If bill amount is 25000 and payment is 35000(current bill + previous bill)what will be tds implications under section 194C?

avater

Chahat Bansal   07 August 2020

Chahat Bansal

 11 likes  145 points

View Profile | My Other Post

If particular Bill amount exceeds 30,000 then 194C is applicable.
if amount of any single doesn't exceed 30,000 but the sum total of all the bills exceed 1,00,000 then 194 C will be applicable.
So here your Bill amount doesn't exceed 30,000 but you will have to check total of all bills.
If sum of all bills in a year exceed 1,00,000 then 194 C will be applicable.

1 Like

debora M (BUSINESS DEVELOPMENT MANAGER)     07 August 2020

debora M
BUSINESS DEVELOPMENT MANAGER 
 27 likes  717 points

View Profile | My Other Post

194 C is applicable if sum of all bills is 1,00,000.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »



Trending Tags
GST Live Class    |    x