TDS U/S 194C
This query is : Resolved
25 February 2011
Wether Payments made for hiring Taxi/Car liable to TDS. Is there any threshhold Limit?
reply over pr_sahane@yahoo.com
Thanks
Prakash
reply over pr_sahane@yahoo.com
Thanks
Prakash
28 February 2011
If you are making the payment under any contract or agreement then you have to deduct the TDS u/s. 194C. Treshhold limit u/s. 194C is Rs. 30,000/- per agreement or Rs. 75,000/- per Annum.
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