194 C Aggregate limit Reg

MURALI THARAN (2 Points)

03 March 2022  

Hi

We have purchased machinery from the supplier for Rs,200,000 on May 2021 (erection charges free)

for the same machine, we have taken AMC worth 17,000 (including GST) on November 2021.

Now our internal auditors asking to deduct TDS under section 194 C for AMC transactions.

they are mentioning the 194 C rule Aggregate limit has crossed.

someone, please help me with this transaction.