11 July 2009
U/s.194C, a person is required to deduct tax at source, at the time of making payment to a resident for carrying out any work, including supply of labour for carrying out any work. The tax is required to be deducted at the rate and the time specified by S. 194C and the tax so deducted is required to be deposited within the time provided by Rule 30 of the Income-tax Rules.
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