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Tds should deducted on maintenance charges or not

This query is : Resolved 

11 June 2015 Dear Experts,

we are auditing a construction company in which company collecting monthly/ Quarterly maintenance charges. but the customers are deducting TDS @ 2 %. is it as per act or not.

please guide..

11 June 2015 Correct. TDS to be deducted on maintenance charges @ 2% on companies u/s 194C.

11 June 2015 if amount if exceeds rs. 30000/- single bill ad rs. 75000/- in year then tds will be deducted by payer.




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