• TDS

Good evening Sir 
Let us take an example for better clarification. One govt Organization say A gives 1 Crore to another Govt Organization B for some construction activities by engaging C for which B will be paid 10 lacs extra by A as consulting Fee. While doing work by C and making payment of 1 crore to C IT will be deducted from C and paid to IT Department. My question is whether TDS by A while paying 1 Crore to B is justified.
If it is justified then please cite the Rules
Asked 5 years ago in Income Tax

"While doing work by C and making payment of 1 crore to C IT will be deducted from C" Why will 1 crore payment made to C?

I am not able to get your question it is a bit confusing.

Can you please book phone consultation and ask the question over call so that same can be answered correctly.

 

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Naman Maloo
CA, Jaipur
4303 Answers
101 Consultations

Dear Sir,

 

Hope you are doing well !!

 

Your query is not clear. It is bit confusing.

 

 

Payal Chhajed
CA, Mumbai
5189 Answers
303 Consultations

Please repost your query for appropriate advise.

Payal Chhajed
CA, Mumbai
5189 Answers
303 Consultations

Hi

 

Sorry we didn't get your query .

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

Hi

Please have  a phone consultation for details discussion.

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

Hello,

 

Kindly reframe your query.

Hunny Badlani
CA, Madhya Pradesh
2608 Answers
16 Consultations

Dear Sir,

 

If the Deductor is required to deduct TDS as per provisions of section 194C of the Income Tax Act, then, the Deductor is required to deduct TDS within earlier of the following dates 

 

At the time of credit of sum to the account of the Contractor; or

At the time of payment in cash or cheque or draft or any other mode

 

Thanks and regards

Shiv Kumar Agarwal

Shiv Kumar Agarwal
CA, Delhi
489 Answers
74 Consultations

Hi

 

Please redraft your query.

Karishma Chhajer
CA, Jodhpur
2452 Answers
29 Consultations

Please repost your query for appropriate advise.

 

Payal Chhajed
CA, Mumbai
5189 Answers
303 Consultations

Extremely sorry but we are unable to understand your query. Can you please frame your question again in a more descriptive way.

Lakshita Bhandari
CA, Mumbai
5687 Answers
943 Consultations

Ask a Chartered Accountant

Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
  Ask a CA