Hi..everybody
Whether TDS is applicable on
borewell drilling expenses
2 Replies
CA J.Alamelu lakshmi
(Chartered Accountant)
(852 Points)
Replied 29 July 2011
Yes. Its a contract n hence tax has to be deducted u/s 194C
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 29 July 2011
yes tds is to be deducted if it crosses specified limit
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