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Tds applicable or not in u/s 194c

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2018 Hi,
According to 194C tds should be deducted when any single bill is above 30,000 or sum of payment is above 1,00,000 in a financial year. but my query is , If the payment making Rs.10,000 for every month assume.The limit for 194c doesn't exceeds upto payment of 3th month and in the 4th month payment exceeds the limit for 194C and liable to deduct tds or not.
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Avinash Jeevan Dsouza

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Avinash Jeevan Dsouza (Expert)
02 May 2018 Your query is not clear Sir. Can you please elaborate?
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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2018 If a contractor raise two bill in a month to his supplier 1) Rs-25000/-& 2)Rs-6000/- Tds is Applicable or not. because According to 194C tds should be deducted when any single bill is above 30,000 or sum of payment is above 1,00,000 in a financial year.
Please Suggest Me.
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Avinash Jeevan Dsouza

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Avinash Jeevan Dsouza (Expert)
02 May 2018 If the party pays him 31,000 at single installment then he needs to deduct the TDS of 1 or 2 %. If he pays in two separate installment in two separate day then no need to deduct the TDS.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 May 2018 If the bills are clubbed and single payment is made TDS applicable if two payments are made TDS not applicable.
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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2018 in this case supplier said to vendor pays in two separate installment in two separate day then Why is Tds not applicable.

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 May 2018 TDS not applicable as single payment not exceed 30,000.
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Avinash Jeevan Dsouza

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Avinash Jeevan Dsouza (Expert)
02 May 2018 Yes it is not applicable because single payment doesn't exceeds the limit of 30K.
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Expert : Anonymous

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Expert : Anonymous (Expert)
02 May 2018 TDS not applicable if payment to both bills in Single payment...
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 May 2018 Why tds is not applicable in single payment
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 May 2018 TDS applicable if both the bills are paid in single payment.

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