About TDS

This query is : Resolved 

11 September 2009 Hello sir,

If any payment to contractor is exact Rs. 20000 but in whole year does not exceed Rs. 50000 than it is related to TDS?

Thanks in advance

11 September 2009 under section 194c,where payments made to contractors or sub contractors, TDS is not required to deduct if a single payment does not exceed Rs 20,000 to a single party at any time during the year 0r in case all the payments made to a single party put together during the year below Rs 50,000/-.

11 September 2009 Not require.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries