Tds 194c-two contracts with same party
This query is : Resolved
16 May 2016
I have a 2 contracts with same party. One for Repair & Maintenance and another for Security Service. The annual charges are Rs. 60000/- and Rs. 40000/- for both the contracts respectively. Should TDS u/s 194c be deducted or not??
Kindly give reference also.
Kindly give reference also.
16 May 2016
yes tds to be dedcted u/s 194C, its will not make two person due to two contract.
16 May 2016
Is there any reference sir.......Kindly give
16 May 2016
you are telling contract with the same party and you are paying more than Rs. 75000/- in year to single party u/s 194C of income tax act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query Regarding on TDS section 194H and 194J
- NR GST NUMBER
- Applicability
- ITR 6 Schedule CFL and UD Issues
- GST Form ADT-02
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- For REQUIRE INDIVIDUAL GST
- GST Department hearing
- Offsetting interest income against derivative trading losses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
