Regarding Tds-194 I

This query is : Resolved

shiva ramanjeneyulu (Querist)
Follow

28 December 2009 sir/madam
Please resolve my query

I am working in construction co.,(MP,state)

We took a agricultural land for our camp constructuion purpose for 2 years starting 1-10-2009 to 30-9-2011 for 3 lacs

can you please clear wil that issue be come under 194I
these people are farmers and donot have pan no and donot know about tds and other matters can u please guide for this purpose

If chance please mail me(anjeneyulu.garlapti@gmail.com)

CA Vijay Kumar Gupta

CA Vijay Kumar Gupta (Expert)
Follow

28 December 2009 Certainly it is coming with in the ambit of sec 194I and you have to deduct TDS on this payment. It doesnt affect the tds payment whether the payee is a farmer or someone else.