yadi ek ghar banwane k lie ek contracter ko payment 120000 rs kia hai to ghar k construction m b tds deduct karna hai kya 194 c section m
ya ye personal use hai to tds deduct nai karna hai
thanks in advance
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) needs to be deducted when paying a contractor for building a house. If the house is for personal use, TDS is generally not required under Section 194C of the Income Tax Act, 1961. However, if the construction is for commercial purposes, TDS rules would apply.
Agar aap apna ghar personal use ke liye bana rahe hain, to TDS deduct karne ki jarurat nahi hai, kyunki is case mein Section 194C of Income Tax Act, 1961, ke tahat TDS deduct karna mandatory nahi hai.