ABHI KUMAR (710 Points)
26 April 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 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.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 26 April 2023
Even then TDS has to be deducted and paid to government treasury.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 26 April 2023
When TO exceeds 1 Cr in preceding year, TDS u/s. 194C will be applicable in current FY.
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