Do individuals have to deduct tds?

Gopal Mirchandani

Retired

20 Points Posted on 18 March 2018

1) I am a Resident Individual

2) I am retired and do not have Income from Business and Profession.

3) I am getting renovation done in my flat and paying the contractor 2,00,000/- for the work done.

4) Am I liable to deduct TDS from the Contractor (who is also an Individual)??

Thanks

Gopal

Replies (4)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

44 Points Posted on 18 March 2018

NO. No TDS liability over you....

Rahul Prasad

CA Student

20 Points Posted on 18 March 2018

agree with Dhiraj Lal sir, in your case you are not liable. where individual purcahse flat then TDS deduction liablity over to purchaser whether it is individual .

RAJA P M

"Do the Right Thing...!!!"

20 Points Posted on 18 March 2018

No need deduct TDS...

ankit kumar

20 Points Posted on 18 March 2018

No TDS to be made u/s 194C as it clearly mention that if payment is of personal nature (not for business) then no need to deduct tax at source.

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Do individuals have to deduct tds?

Gopal Mirchandani

Dhirajlal Rambhia

Rahul Prasad

RAJA P M

ankit kumar

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Do individuals have to deduct tds?

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