Tds deducted`

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 June 2012 whether tds is applicable for repairs and maintenance-vehicles?if so what rate?

30 June 2012 Yes. Under section 194C- 1% for non corporate & 2% for corporate payees

30 June 2012 agree with above reply..
TDS liability when arise when single bill come above Rs. 30000/- or in whole year work done more than 75000/-. (any one condition fullfill then TDS required to deduct..


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 June 2012 for example talwar huyndai-25000,kun-25000,laxshmi-26000 is tds applicable now?

30 June 2012 not applicable on above all case..
given condition related to individual partywise...



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