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bill amount 30000 how to charge tds as sec 194c
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Answer / anendra
If singal transction of rs.30000/- is there the it will be charged tds @ or 2% as per bill provider and if during current fy the amount of total booked bill is 75000.tjen it will be liable to deducted tds and on other hand if the amount of bills are below rs. 30000 then tds bill not be deducted till it reaches jp to rs.750000
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if it is lumsum amount / Single Transaction of Rs.30,000 TDS will deduct 1% if individual or HUF,2% if Other than individual or HUF,
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For Individual and HUF Deduct the 1% on 30,000/-
For Company,Trust,AOP Deduct the 2% on 30,000/-
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