Tds on maintainance charges

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Hello

is tds applicable in case of payment made to limited company for maintainance charges
Replies (8)
Not at all
Why sir?
What is the service that maintenance charges means..in your organisation
Building maintenance
Can i get clarity regarding building maintenance like it includes painting,panel replacements,wire,pipes,etc
All u mention
Then tds is applicable under 194C.,if service provider is individual then at 1% other than individual then at 2%..,if the vendor has not filed his return for last 3 Assessment years then yes rate will be at higher of double applicable rates or 5% which ever is higher..
2% under section 194C


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