Whether TDS is required to be deducted on payment made to Electricity board "FOR SHIFTING OF HT LINE" in excess of rupees one lakh?
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Quick Summary
This discussion explores whether Tax Deducted at Source (TDS) is required on payments exceeding one lakh rupees made to an Electricity Board for shifting an HT line. Participants debated the applicability of Section 194C, with some suggesting TDS at 1% or 2% if a contract exists. Others argued it might not be required, possibly because the EB is a government organisation, and advised consulting the board's accounts department for clarification.