Start learning →

Under 194C, no TDS is needed if a single payment to a contractor does not exceed what?

ARs 10,000
BRs 30,000
CRs 50,000
DRs 20,000
Answer & Solution
Correct answer: B. Rs 30,000
A single contract payment of up to Rs 30,000 is outside TDS under section 194C, subject to the annual limit.
Practise this question with Quill — CA Inter →

Keep practising Advance Tax, TDS and TCS

Browse all Advance Tax, TDS and TCS questions for CA Inter, or explore more Taxation topics.

Start a Advance Tax, TDS and TCS lesson →
Related questions