Web8 May 2024 · 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 pursuance of a contract between the contractor and the following: The Central Government or any State … You can efile income tax return on your income from salary, house property, … Section 194A: Income by way of interest other than “Interest on securities” 10: 10: … Web29 Nov 2024 · 1. Section 194C. Sec 194C provides for deduction of tax from payment of works contract made to contractor or sub-contractor. Any person carrying out any work in pursuance of a contract between a specified person and the resident contractor is required to deduct tax at source. Check out Taxmann's TDS Ready Reckoner which provides a …
TDS on Payment to Contractors: Sec 194C of Income Tax Act
Web18 Feb 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 … Web13 Apr 2024 · Section 194C of the Income Tax Act, stipulates that tax must be deposited within a specified time frame, depending on who the payer is. The time limits specified are … third degree paso robles ca
Section 194C of Income Tax Act for AY 2024-24 – AUBSP
Web15 Jun 2024 · Section 194C deals with the provisions for tax deduction at source at the time of payment to contractors/sub-contractors. This section says that any person who pays … Web10 Apr 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 … Web1 day ago · Sec 194N provides for deduction of taxes by the banking company or a co-operative society engaged in carrying on the business of banking or a post office, at the time of making payment to any person Tax rate- 2% Threshold- Exceed Rs 1 Crore third degree password