Liable for TDS

304 views
User Avatar

101 Points Posted on 19 June 2021
Single Invoice of Transport charge is more than 100000.
Payer is pvt.ltd.company
Is this liable for TDS ?
0 Reply Share Follow
On 19 June 2021 at 22:04 Report
Replies (3)
Quick Summary
This discussion clarifies whether TDS is applicable when a single invoice for transport charges exceeds £100,000 and the payer is a private limited company. The consensus is that TDS is indeed applicable in this scenario, specifically under Section 194C of the Income Tax Act.

User Avatar

Advocate and GST Practitioner
245 Points Posted on 19 June 2021
Yes, it's applicable
Reply
On 19 June 2021 at 22:22
User Avatar

CMA
13117 Points Posted on 19 June 2021
Yes, tax to be deducted at source u/s 194C
Reply
On 19 June 2021 at 22:36
User Avatar

403 Points Posted on 20 June 2021
Yes, TDS is applicable
Reply
On 20 June 2021 at 13:24

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Company 3 months old, INC-20A not filed, all 3 of
  2. How do I choose the Best GST Lawyers in New Delhi
  3. Loss on sale of residential flat after indexing al
  4. Short Deduction
  5. Large mismatch between AIS Business Receipts and G
  6. Income tax on Australian Stipendiary Steward on 3
  7. INCOME TAX SECTION 92E
  8. Queries on Tax Invoice and GST
  9. Income Tax Auditor Tenure for Small Companies
  10. Sec 8 company sec 12ab reg

More recent discussions | Post

Related Topics :

Loading