[Section 194C]- TDS on Payment to Resident Contractor

 

Table of Contents

·         (1) TDS by Specified Persons [Explanation to section 194C]:

·          (2) Rate of TDS for Financial Year 2019-20 and 2020-21

·          (3) Meaning of “Work” [Clause (iv) of Explanation (iv) to section 194C (7)]

·         (4)  Individual or HUF not to deduct lax if the payment or amount credited to contractor Lc for personal use [Section 194C (4)]:

·         (5)  Where No Tax is to be deducted at source [Section 194C(5)]:

·         (6)  Provisions for Payments and tax deducted at source to transporters [Section 194C(6) & (7)]:

·         (7)  Where the lax is either not to be deducted or to be deducted at lower rate [Section 197 Rule 28 and 28AA]

 


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