Tds u/s 194c

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CA Narender Lamba (Querist)
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26 March 2016 TDS is to be deducted on payment to chowk labour. or payment on daily basis to chowk labour.

CMA Ramesh Krishnan (Expert)
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26 March 2016 Not required incase not crossing the threshold limits

CA Narender Lamba (Querist)
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27 March 2016 company not know the pan and name of chowk labour. company pay daily wages to the labours.

CA Narender Lamba (Querist)
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27 March 2016 company does not know the pan of labours.

CA Narender Lamba (Querist)
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27 March 2016 how to know the threshold limit?

CMA Ramesh Krishnan (Expert)
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27 March 2016 Threshold limit u/s.194C is Rs.75000 aggregate payment for the year or Rs.30000 single payment.

CA Narender Lamba (Querist)
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28 March 2016 194C applicable on payment to contractors not on daily wages payment. company hire labours on daily wages.

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