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

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .

1825


What is tha Central sales tax rate 2010 in andhrapradesh

2717


cst rates

1496


Should we give C form with Freight, Insurance, P&F after CST?

3458


DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?

1823






what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.

2820


i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible

1486


can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.

2027


Please explain how to pass entry for VAT setoff and Service Tax Credit?

2748


What is VAT TDS? when it is applied & at what rate?

1244


if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)

1719


WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com

1502


hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.

1683


which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent

1884


What are the procedures for remitting WCT?

1700