Where Contract payment made under 194C, by 2 vouchers to same contractor of RS.20,000 each can attract TDS liability ?
Menu
Tds under section 194c
Replies (3)
No Tds liability, Since Single payment made to a single person doesn't exceed Rs.30,000.
If Aggregate amount excess 70k a person in financial year then TDS would be applicable.
No it's agreegate RS.1,00,000
Recent Topics :
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
Related Topics :
CAclubindia
