banner_ad

Tds 194c contracter payment

262 views 3 replies
payment to contractor total amount paid in fin year 22.23
25000
15000
25000
25000 total amount paid 90000 less den 1 lac aggregate
but in april 2023 paid amount 25000
total till april 2023 paid amount 115000
my question tds deduct or not now
thanks in advance
Replies (3)

Treat both financial years separately.

The exemption limit applies to the section for each FY separately.

In FY 2023-24 your payment is Rs. 25K, so not liable for TDS deduction.

Thanks

My pleasure.               


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details