TDS on Certain Payments

Lotus Agrawal (Practice) (1357 Points)

31 May 2022

Whether TDS is required to be deducted on payment made to Electricity board "FOR SHIFTING OF HT LINE" in excess of rupees one lakh?

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5 Replies

CA Puja Sharma (Chartered Accountant) (4969 Points)
Replied 31 May 2022

Yes deduct TDS u/s 194C @ 1% or 2% as applicable.

Eswar Reddy S (CFO- at NHTF) (58259 Points)
Replied 01 June 2022

If there is any contract then you may deduct Tds under section 194C.

You can also discuss with accounts team of EB

sabyasachi mukherjee (27089 Points)
Replied 02 June 2022

NO IT IS NOT RWQUIRED

Lotus Agrawal (Practice) (1357 Points)
Replied 02 June 2022

Why not required? Any references?

Eswar Reddy S (CFO- at NHTF) (58259 Points)
Replied 02 June 2022

@ Lotus Choudhary,

EB might be a govt organisation.
Better to check with the accounts dept of Electricity Board

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