Is tds applicable for painting and restoration work?
Total pmt exceeds Rs 300000 divided into 3 installments of 1 lakh each.
4 Replies
FATEMA
(CHARTERED ACCOUNTANT)
(719 Points)
Replied 05 January 2010
TDS is applicable for both painting and restoration work u/s 194C
Amir
(Learner)
(4016 Points)
Replied 05 January 2010
TDS WILL BE DEDUCTED U/S 194 C IRRERSPECTIVE OF NO.OF INSTALLMENTS WHERE AGGREGATE OF PAYMENTS IN A FINANCIAL YEAR EXCEEDS RS. 50,000..
ca.Ashish goenka
(profession)
(92 Points)
Replied 05 January 2010
yes it will cover under ambit of sec 194c
lalit mohta
(PCC STUDENT)
(42 Points)
Replied 05 January 2010
An corporate assessee is paying monthly rent of Rs. 150000/- on that he is deducting TDS . The landlord is sending two separate bills, one for rent bill and one for maintenance bill . Assessee is paying monthly Common Area Maintenance charges of Rs.3000/- p.m. Will maintenance charges subject to TDS or not..?
Recent Topics
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
Related Threads
CAclubindia
