Applicability of tds u/s 194c on lifting of dirty water

This query is : Resolved 

06 February 2016 Can u please guide me about lifting of dirty water from office premises to another location is attract TDS Provision u/s 194C of I.T Act, 1961?

06 February 2016 Yes,its contract of work,if payments exceeds 194C threshold limit tds applicable

06 February 2016 Yes Provisions of Section 194C will be attracted.


06 February 2016 Thanks for Reply.
Can u please explain in brief?

06 February 2016 The service is in the nature of Service Contract, hence provision of Section 194C attracted.

TDS to be deducted if threshold limit is crossed.

Threshold limit:

Single Bill Rs 30000/-
Annual Total Rs 75000/-

Rate:

Individual/HUF @ 1%
Others @ 2%

06 February 2016 Thank You CMA. C.S Sanjay Gupta.. Your Views is really helpful for me.



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