Do we deduct TDS while making payment for AMC of UPS /
computer of less then Rs.5000/- if yes then @ what rate?
Answer Posted / motilal
If your are purchasing ups then no need to deduct Tds.
But if you are paying for contractual repairing then
according to 194c if net payment is exceed 20000/(one time)
then you have to deduct or if part payment is exceed 50000
in a year then you have to deduct other wise not
| Is This Answer Correct ? | 43 Yes | 8 No |
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Please mail me the TDS rates for the year 07-08? aamirdeba@in.com