House construction 194c

ABHI KUMAR (679 Points)

26 April 2023

house new construction nd paid payment to contracter
194c applicable or not?
resident house payment)

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8 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167407 Points)
Replied 26 April 2023

For individuals' TDS deduction liability on payment to contractor/s arises u/s. 194C, if liable to audit u/s. 44AB; or u/s. 194M for all others.

ABHI KUMAR (679 Points)
Replied 26 April 2023

But house is use for personal use den...

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167407 Points)
Replied 26 April 2023

Even then TDS has to be deducted and paid to government treasury.

ABHI KUMAR (679 Points)
Replied 26 April 2023

44ad turover 1 cr 11 lac den

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167407 Points)
Replied 26 April 2023

When TO exceeds 1 Cr in preceding year, TDS u/s. 194C will be applicable in current FY.

ABHI KUMAR (679 Points)
Replied 26 April 2023

Ok thanks

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (167407 Points)
Replied 26 April 2023

You are welcome.

sabyasachi mukherjee (27119 Points)
Replied 27 April 2023

House construction under sec 194 C

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