Tds u/s 194c for trust
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 … WebWhatsApp no - 9836877688
Tds u/s 194c for trust
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WebApr 1, 2024 · Deduction for TDS under Section 194C of the Income Tax Act when paying Common Area Maintenance Fees Fact and issue of the case This appeal filed by the assessee is directed against the order dated 16.01.2024 of the CIT (A)-38, Delhi, relating to Assessment Years 2011-12. The grounds of appeal raised by the assessee read as under:- … The person responsible for making payment to resident contractor/sub-contractor should deduct TDS, 1. either at the time of crediting such sum to the account to the payee or 2. at the time of payment thereof in cash or 3. by an issue of a cheque or by any other mode, whichever is earlier. Where any sum is credited to … See more Section 194C states that any person responsible for paying any sum to the resident contractor for carrying out any work (including the supply of labor), in … See more The expression, “work” in this section would include- 1. Advertising 2. Broadcasting and telecasting including production of programs for such broadcasting or … See more A “sub-contractor” would mean any person: 1. Who enters into a contract with the contractor for carrying out, or 2. For the supply of labor for carrying out the whole … See more As per the provisions of Income Tax Act, any person (being a contractor and not being an individual or a Hindu Undivided Family): 1. responsible for paying any … See more
Web4 rows · Jun 15, 2024 · Section 194C deals with the provisions for tax deduction at source at the time of payment to ... 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 …
WebApr 13, 2024 · Immovable Property (TDS exempted under RFCTLARR Act (wef 01.04.2024) – – – 194LA: Immovable Property: 2.50Lakh: 10: 10 194LB: Income by way of interest from infrastructure debt fund(non-resident) – 5 5 194LBA: Certain income from units of a business trust (applicable from 01.10.2014) – 10 10 194LBA WebFeb 11, 2024 · Section 194C provides for TDS to be deducted on payment made to a transporter on contract. TDS on transportation charges are required to be deducted under …
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 …
WebFeb 11, 2024 · Section 194C provides for TDS to be deducted on payment made to a transporter on contract. TDS on transportation charges are required to be deducted under Section 194C of the Income Tax Act, 1961 (hereinafter referred to as the “Act”). savemore bankers village caloocanWebJan 22, 2024 · Therefore TDS is to be deducted u/s 194C, and not u/s 194I. [CBDT Circular No. 1/ 2008.] Hall rent paid by an association for use of it: Since the association is assessed as an association of persons and not as an individual or HUF, the obligation of tax deduction will be there, provided payment for the use of hall exceeds Rs. 2,40,000 scaffolding drawing autocadWeb144 rows · Section 194LBA(1): Business trust shall deduct tax while distributing, any … savemore auto parts fort washington mdWebAug 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 … savemore christmas basket 2022WebFeb 18, 2024 · Under Section 194C of the Income Tax Act, a contractor and a subcontractor may be defined as follows: A contractor is referred to as any person who agrees to be a … scaffolding driffieldWebThe discussed concepts are relevant as on the date of uploading of this video. However, taxation acts are amended frequently. If viewed on a later date, rele... scaffolding double clampWebJan 3, 2024 · For carrying out any work (including supply of labour) in pursuance of a contract. TDS should be deducted at the time of credit or payment, whichever is earlier. … scaffolding drama