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tds on repairing services
sir tds limit krni repairing services bill PR on kitna percentage h
Replies (5)
10% if amt exceeds Rs.30000/-
U/s 194C, 1% if other party is individual or huf and 2% in other cases 30000 for single payment or 100000 for aggregate of payments ( if any of the conditions fulfilled )
Sec 194C is applicable only if repairing is made on contract basis otherwise Sec 194J applicable & TDS @ 10% is deducted on it...
Unless and until it is mentioned, repairing charges can't be pressumed to be professional in nature.
If you agree please justify
If you agree please justify
I agree that unless it is given , it presumed as professional & in that case TDS u/s 194J is deducted...
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