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whether tds is required to be deduct or not?

07 October 2018

if i pay rs 70000 to a contractor, who owns less than ten vehicles during the year and also furnish the pan....in that case whether tds is required to be deduct or not?

freight 70000 is for single bill...and payment is made in single installment...

please clarify this....

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8 Replies

(Guest)

Please deduct TDS from the invoice

1 Like

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Gagan Aggarwal (226 Points)
Replied 07 October 2018

why...please quote the sec..

Mahendra .B (42 Points)
Replied 07 October 2018

TDS deduction required

Gagan Aggarwal (226 Points)
Replied 07 October 2018

please read the provision 194C(6)

Suresh U (Student) (20 Points)
Replied 07 October 2018

As per 194C, TDS should be deducted if the paym exceeds 30,000. You can also refer Section 194C(6) about declaration form along with PAN number.. PAN number itself is not considered as declaration form..

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Gagan Aggarwal (226 Points)
Replied 07 October 2018

i said that he has less than ten vehicles...and it is declared by the contractor by giving declaration..then in that case no tds is required to be deduct.. according to me...as per provision...