if we have amc any vendor 30,000 pa. should we deduct TDS

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if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / altaf

No need to deduct TDS. If the amount exceeds 20,000 but
aggregating 50,000 per annum then TDS will be applicable.

Is This Answer Correct ?

55 Yes

13 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / amit sharma

if we paid rs. 30000/- in a single payment than we have to
deduct tds. otherwise we will not deduct tds.

Is This Answer Correct ?

13 Yes

2 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / viswa

Any payment in a financial crosses Rs.20,000/- we have to
deduct tax. In above case amc is comes under contract the
applicable rate is 2.266%

Is This Answer Correct ?

10 Yes

5 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / ravi gupta

yes, if you are making payment of above INR 20000/-PA, then
you have to deduct TDS to the vender at 2.266 %, if the
vendore are conttractor 194 C.

Is This Answer Correct ?

6 Yes

2 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / pravin

answer is correct

Is This Answer Correct ?

6 Yes

4 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / uday

Under this case no need to deduct TDS as the total amount
is only 30000/- pa. not exceeding 50000/pa.

Is This Answer Correct ?

4 Yes

2 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / rabindra mallick

TDS on AMc is depends up on the nature of payment as
described below...

A) If AMC is comes under professional or Technical Service
then TDS applicable on Rs. 30,000/-
B) If AMC is comes under Contract or Sub contract then TDS
is not applicable because the amount is not cross the limit
of Rs. 30,000/- for single payment of & Rs. 75,000/- for
annual payment.

Is This Answer Correct ?

2 Yes

0 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / savitha

YES

Is This Answer Correct ?

10 Yes

9 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / manish

yes we deduct Tds

Is This Answer Correct ?

1 Yes

0 No

if we have amc any vendor 30,000 pa. should we deduct TDS..

Answer / k.chennakeshavulu

No need to deduct the TDS if vendor payment below Rs.50000/-

Is This Answer Correct ?

5 Yes

5 No

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