23 February 2019
RESPECTED SIR WE HAVE SETUP OUR NEW BUSINESS FOR IT DEVELOPMENT WORK WE HAVE MADE PAYMENT FOR OFFICE RENOVATION I.E. FOR COLOURING WORK IN OFFICE AIR CONDITIONING INSTALLATION AIR CONDITIONER REPARIIRING WORK I JUST WANT TO KNOW WHETHER PAYMANT MADE FOR COLOUR WORK IN OFFICE & AIR CONDITIONER REPARIRING WORK IS LIABLE FOR TDS U/S 194C? PLEASE HELP IN THIS REGARDS THANKS IN ADVANCE
24 February 2019
Sir, there is a minimum limit above which you are liable to deduct TDS. If your payment or transaction crosses that limit and also your status whether you are doing business as individual or partnership or company.