WebAug 22, 2024 · Section 194C is applicable since the invoice value against the job work exceeds rs 30,000. TDS rate will be 1% as the contractor is an individual. TDS will be … WebApr 10, 2024 · The Mumbai Income Tax Appellate Tribunal (ITAT) has recently held that roaming charges paid by Vodafone India to other telecom operators are not subject to Tax Deduction at Source (TDS) under section 194C or 194J of Income Tax Act, 1961.. Assessee-Vodafone India Ltd. filed the appeal against the order of Commissioner of Income Tax …
WHAT IS TDS UNDER SECTION 194C? TAX DEDUCTION
WebU S News Latest National News Videos amp Photos ABC. A review of the best Beijing business hotels and a fun. TDS ON CAR RENT TAXI CHARGES 194 I OR 194C SIMPLE TAX INDIA. Hindustan Times e Paper. Tax Bill 3 Don?t Mess With Taxes Slate Star Codex. ... Year 2024 Mumbai Port Trust India May 5th, 2024 - All Documents in pdf Format gt gt Circular … WebApr 13, 2024 · Section 194C of the Income Tax Act deals with the tax deducted at source (TDS) that is to be compulsorily deducted from any payments that have been made to any … emotet trend micro
Section 194C – TDS on Contractors - TaxGuru
WebMay 3, 2024 · Section 194I of the income tax covers TDS on rent. It imposes an obligation for TDS deduction on persons (other than individual/HUF) making rental payments to resident Indians above a specified limit, i.e., Rs.2,40,000 in a year. The rent under this section broadly includes house rent, machine rent, building rent, office rent, furniture rent etc. WebUnder Section 194C, income tax is deducted at the following TDS rates: 1% on a payment made to resident individual or HUF. 2% on a payment made to any resident person, except an individual or HUF. Zero TDS on transporters. 20% TDS if the payee has not quoted PAN. WebJan 30, 2009 · CBDT has issued a detailed circular no 715 on tds u/s 194C,194I and 194J dated 8.8.1995 ,In which 34 question has been dealt .In this circular question number 6 relates to payment made to travel agent/airline for booking of tickets ,It has been clarified in the circular that notwithstanding the payment has been made by the payee list mentioned … dramahood hospital playlist