Where Contract payment made under 194C, by 2 vouchers to same contractor of RS.20,000 each can attract TDS liability ?
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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
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