As per 194C there is 2 limits for TDS...
Rs 30000 Single Payment / credited and
Rs 75000 (aggregate during the F. Year) now i want to ask that ...
If a contract of manufacturing of Building amounts to Rs 60000 but paid and credited in equal 6 installments then whether TDS applicable?? whether TDS applicable as there is a single contract but credited and paid in 6 equal installments.
As per 194 C it is given if a single payment exceeds 30000 then u need to deduct TDS
since u made six due entries so there is no question of TDS deduction
I want to know abour tds return filling with RPU Version [ NSDL].
How to fill & How submite ?
Help me.
ANAND RATHOD
In your case TDS is not deductible
CAclubindia
