194C or 194J?
CA Sai Anuraag K S (Chartered Accountant) (38 Points)
08 April 2019194C or 194J?
kajol
(Executive)
(201 Points)
Replied 08 April 2019
Section 194C is 2% deduction on payments to contractors. Under 194j if payment made in a financial year to same person is less than 30,000 rs than no need to deduct tds. In section 194c, limit is of 30,000 for single payment and 75,000 rs for aggregate payment made to a person in a year.
Harshit Baheti
(344 Points)
Replied 08 April 2019
CA Sai Anuraag K S
(Chartered Accountant)
(38 Points)
Replied 08 April 2019
CA Sai Anuraag K S
(Chartered Accountant)
(38 Points)
Replied 08 April 2019
Harshit Baheti
(344 Points)
Replied 08 April 2019