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TDS Related Query
Sir/Madam. We have Condominium (Association of Flat owners) We are paying Seeurity Charges Rs-432000/- during 1 year and House Keeping Charges Rs-216000/- during 1 Year to contractor s let me know shall we deduct TDS at the time of payment to them we never do any Audit of account and our maintenance collection is around 2000000/- per year..
Replies (1)
TDS under section 194 c needs to be deducted as it is under a contractual basis and it is above the reqd limit
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