Where Contract payment made under 194C, by 2 vouchers to same contractor of RS.20,000 each can attract TDS liability ?
3 Replies
Rishi
(NONE)
(163 Points)
Replied 07 February 2018
No Tds liability, Since Single payment made to a single person doesn't exceed Rs.30,000.
Mohammad Zeban Quadri
(Student)
(55 Points)
Replied 08 February 2018
If Aggregate amount excess 70k a person in financial year then TDS would be applicable.
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