house new construction nd paid payment to contracter
194c applicable or not?
resident house payment)
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House construction 194c
Replies (8)
For individuals' TDS deduction liability on payment to contractor/s arises u/s. 194C, if liable to audit u/s. 44AB; or u/s. 194M for all others.
But house is use for personal use den...
Even then TDS has to be deducted and paid to government treasury.
44ad turover 1 cr 11 lac den
When TO exceeds 1 Cr in preceding year, TDS u/s. 194C will be applicable in current FY.
Ok thanks
You are welcome.
House construction under sec 194 C
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