Is tds applicable on painting charges to an Individual ??
If yes then under which section
Vishal Khanvilkar (Student) (202 Points)
23 February 2011Is tds applicable on painting charges to an Individual ??
If yes then under which section
Milan Maheshbhai Lakhani
(Article Clerk)
(89 Points)
Replied 23 February 2011
According to me, payment of painting charges will be considered as contract payment. Therefore, if the payment of painting charges exceeds the limits prescribed u/s. 194C then the TDS will be deducted.