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 :
- Self assessment tax paid not reflected in ITR2 fil
- Tax on nps corpus
- Tired converting GSTR-1, 2B & 3B to Clean Exce
- TDS on under construction property not deducted
- GST on Fixed Assets
- GST ITC april 22
- GST PAYMENT REGARDING
- GST Consultation Required – June–Augus
- TDS Code for Salary Payment to Non-Resident Intern
- TDS on property
Related Topics :
CAclubindia
