tds .194c

This query is : Resolved 

04 May 2011 when a payment is made to a xerox centre for an an amount exceeding 75000 in a f.y,whether tds is to be deducted or not?

05 May 2011 its not a one time payment. if its a one time payment so its payment after deduct TDS.

05 May 2011 Yes. If payment to any contractor exceeds or likely to exceed Rs.75000/- in the financial year tds has to be deducted u/s 194c.
In the present case it is not specified whether payment made to xerox centre is for amc or purchase of new machine. In case of AMC, tds provisions will be applicable.


05 May 2011 HERE PAYMENT IS MADE TAKING XEROX COPIES OF DOCUMENTS

05 May 2011 YOUR QURIES DOES NOT CLEAR.

05 May 2011 May be covered u/s 194C.

05 May 2011 ITS MUSTBE COVER U/S 194C



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



Unanswered Queries