Subsequent deduction

dear sir,

the limits for tds u/s 194c is Rs 30000/-  for single payment & 75000/- for aggregate .Also in case of an individual /huf whose turnover in last year exceeded the t/o for  audit limits  then in such case he becomes liable to deduct tds......So accordingly provisions should be applied.

regards,

nitin  s 

Dear Nitin

           Thanks for helping me out..... i would rather be more convinced if u can give me the reference in TDS with respect to some sections or provisions. Even now my doubt prevails actually. As given in the situation, i am not even liable for TDS deduction. Then why they have to Deduct TDS for me???

i suppose ur single payment limit is not crossed & aggregate is actually not crossed u/s 194c .Now what one does is actually deducting tds when aggregate crosses or rather estimating (whether it would cross during the year )& accordingly deducting tds on such payments.Also consider my point mentioned above regarding the T/O limits for audit(ie if ur gross receipts as an individual crossed the audit limits of 60 lacs) u become liable to deduct tds u/s 194c ........