Do we deduct TDS while making payment for AMC of UPS / computer of less then R

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Do we deduct TDS while making payment for AMC of UPS /
computer of less then Rs.5000/- if yes then @ what rate?

Question Posted / accountsdept.ho

8 Answers
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Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / 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

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / rajesh

AS per section 194-C of the IT Act, AMC for Computer/UPS
will cover under this section, but you need not deduct TDS
unless the single payment exceeds Rs.20,000/- or multiple
payment (or the Contract value) during the financial year if
exceeds Rs.50,000/- then only TDS @ 2% (+SC+EC) will be
deductible. In your case, NO is the answer.

Is This Answer Correct ?

48 Yes

15 No

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / kashinatham chitturi

No TDS is deducatable on Rs 5000/- becuase it is less than
Rs 20000/-.

Is This Answer Correct ?

22 Yes

8 No

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / sharief

for purchse there is no need to pay TDS. We have to pay VAT

Is This Answer Correct ?

20 Yes

8 No

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / a.tapti

TDS is not deducted because it is less than 20000.

Is This Answer Correct ?

14 Yes

2 No

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / suman chakrabarti

TDS on AMC will be under section 194J. as it is not a labor
contract it is involve technical knowledge.

Is This Answer Correct ?

18 Yes

7 No

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / karuppusamy

AS per section 194-C of the IT Act, AMC for Computer/UPS
will cover under this section, but you need not deduct TDS
unless the single payment exceeds Rs.20,000/- or multiple
payment (or the Contract value)dduring the financial year if
exceeds Rs.50,000/- then only TDS @ 2%

Is This Answer Correct ?

13 Yes

6 No

Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then..

Answer / milind potnis

Not necessary to deduct tds if amount is not exceeded Rs.
30000.00(Single bill or payment)or during the year
consolidated amount is exceeded Rs. 75000/- it has to
deduct TDS by 2 %

Is This Answer Correct ?

9 Yes

2 No

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