TDS on courier service is required to be deducted under Section 194C of Income Tax Act 1961. Rate and Amount for deduction of TDS The rate of TDS is as under: – TDS shall be deducted @ following rates under section 194C depending on whether the payee is an Individual/ HUF or other than Individual/ HUF: Credit/ Payment is made to an … Read more
TDS on payment to transporter is required to be deducted under Section 194C of Income Tax Act 1961. Rate and Amount for deduction of TDS The rate of TDS is as under: – TDS shall be deducted @ following rates under section 194C of Income Tax Act depending on whether the payee is an Individual/ HUF or other than Individual/ HUF: Credit/ … Read more
Introduction – TDS on Labour Charges – Section 194C of Income Tax Act TDS on labour charges paid is required to be deducted under Section 194C of the Income Tax Act, 1961 (hereinafter referred to as the “Act”). When a person makes a payment to a labour contractor on a contract, such person has to deduct TDS on labour charges. Let’s … Read more
TDS on security services is required to be deducted under Section 194C of Income Tax Act 1961. Rate and Amount for deduction of TDS The rate of TDS is as under: – TDS shall be deducted @ following rates under section 194C depending on whether the payee is an Individual/ HUF or other than Individual/ HUF: Credit/ Payment is made to … Read more
Introduction – TDS on Job Work – Section 194C of Income Tax Act Section 194C provides for TDS to be deducted on payment made towards job work. TDS on job work is required to be deducted under Section 194C of Income Tax Act, 1961 (hereinafter referred to as the “Act”). . Let’s understand the concept in detail. What … Read more
TDS on courier charges is required to be deducted under Section 194C of Income Tax Act 1961. Rate and Amount for deduction of TDS The rate of TDS is as under: – TDS shall be deducted @ following rates under section 194C of Income Tax Act depending on whether the payee is an Individual/ HUF or other than Individual/ HUF: Credit/ Payment … Read more
Introduction – TDS on catering services – Section 194C of Income Tax Act Section 194C provides for TDS to be deducted on payment made for catering services. So, TDS payment made for availing catering services is required to be deducted under Section 194C of the Income Tax Act 1961 (hereinafter referred to as the “Act”). When a person … Read more
Introduction – TDS on car hire charges – Section 194C of Income Tax Act Section 194C provides for TDS to be deducted on payment made on car hire. TDS on car hire charges is required to be deducted under Section 194C of the Income Tax Act, 1961 (hereinafter referred to as the “Act”). When a person makes a payment … Read more
TDS on transport contractors – Section 194C – Introduction Section 194C deals with the deduction of TDS on payments made to contract transporters. Section 194C of the Income Tax Act, 1961 (referred to as the “Act”) mandates the deduction of TDS on transportation charges. When a person makes a payment to the contractor on a … Read more
TDS on repair and maintenance – Section 194C – Introduction Section 194C provides for TDS to be deducted on payment made on repair and maintenance. TDS on repair and maintenance is required to be deducted under Section 194C of the Income Tax Act, 1961 (hereinafter referred to as the “Act”). When a person makes a payment to the … Read more