14 December 2013
hiii plz tell me in 194c is there any requirement to deduct tds for amc charges for different 3 shops, for which payment has been made in one time of rs. 73000
14 December 2013
If payment made to any party exceeds Rs.30000 in a single payment or total credits during financial year exceeds 75000 tds under 194C mandatory . . so in your case tds 194C mandatory as single payment exceeds 30000