TDS U/s. 194C
This query is : Resolved
11 August 2009
Dear Sir,
I am in confusion with the Sec. 194C where TDS Applicable to the amount exceeds 20,000/- & 50,000/-. Kindly clear the same to my mail ID :
mhlaskar@gmail.com
Thankx & Regards,
I am in confusion with the Sec. 194C where TDS Applicable to the amount exceeds 20,000/- & 50,000/-. Kindly clear the same to my mail ID :
mhlaskar@gmail.com
Thankx & Regards,
11 August 2009
If value of the contract exceeds or likely to exceed Rs. 20000/-, TDS is applicable.
In case, the amount of indivisual contract with a contractor/sub contractor does not exceed Rs. 20,000/-, but the cumulative amount exceeds Rs. 50,000/-, than also TDS is applicable.
Both the limits are alternative.
In case, the amount of indivisual contract with a contractor/sub contractor does not exceed Rs. 20,000/-, but the cumulative amount exceeds Rs. 50,000/-, than also TDS is applicable.
Both the limits are alternative.
11 August 2009
agree with Mr. Shyam
11 August 2009
Agree with expert
11 August 2009
I also Agree.
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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 einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
