14 October 2011
A COMPANY HAS AWARDED A MAINTENANCE CONTRACT WHICH IS COVERED U/S 194C FOR 20 MONTHS @ 6000/- PER MONTH OF TOTAL VALUE Rs 1,20,000/-. CONTRACT STARTS FROM 1st APRIL 2011 AND ENDS ON 30th NOVEMBER, 2012. THE CONTRACTEE IS AN INDIVIDUAL. IS TDS TO BE DEDUCTED u/s 194C?
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