Is Sec 194C attracted for plumbing work done that exceeds 30000 limit in a day?
Is any type of work(involving labour) attract 194C?
CA SANDESH MAHIPAL (Practicing in GST and MSME ) 26 May 2012
If there is a contract then sec.194C will attract.
CA Vanamala Phani Kumar (Proprietor of M/s Vanamala and Co) 26 May 2012
Clearly mention in it .
CMA Devi Vara Prasad Korada (Finance) 26 May 2012
As it is exceeding the limit you need to deduct the TDS on that amount
CA ROSHAN TIWARI (salaried) 27 May 2012
Yes, SEC. 194C will attract. However if the contracted work is of personal nature there will be no liability to deduct TDS.
CA Kiran Sutrave (CA) 27 May 2012
Yes TDS is required to be deducted even if there is no contractor for supply of labour
CA PRAVEEN SINGH (MANAGER ACCOUNTS) 28 May 2012
TDS DEDUCTED U/S 194 C AS NATURE OF CONTRACT, IT IS NOT COMPULSORY THAT IT MUST BE WRITTEN...
WORK IS REGULSR BASIS...
IN YOUR CASE TDS IS TO BE DEDUCTED....SEC 194 C..
Prateek Agarwal (Sr. Executive - Finance & Accounts) 28 May 2012
Yes..agree with all above.
TDS is to be deducted u/s 194C. No need for a written agreement.
raghavendhra reddy (ca ipcc) 28 May 2012
if it involves professional or techlical services whch a human can only render then sec 194j may have the chance...other wise based on the substance of contract 194c will be applicable
Krupa Shah (Article) 29 May 2012
TDS is required to be deducted as it is exceeding the limit of Rs 30,000