TDS ??

Direct Taxation

We are having maintenance with a party..like annual maintenance.Where there is no contract no agreement with that party and no amc.But they do maintenance for every month.What should we do in this case? If there is an amc contract then we would deduct tds Under 194c.What to do in this case whether we need to deduct or not ??

vasabattula abhinav

CA Final

★ 85

18-Aug-21 22:25

644

Answers (1)

In this case its also liable for 1 % in case of individual and 2 % in case of other than individual, because as per act its comes under Contract Work Act.

Gautam Kumar Seth

CS Foundation

★ 5

18-Aug-21 23:35

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