Interested to Buy Any Domain ? << Click Here >> for more details...
Do we deduct TDS while making payment for AMC of UPS /
computer of less then Rs.5000/- if yes then @ what rate?
- 8 Answers
- 43724 Views
- Ask Agro Chemicals, Atlantic BPO, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
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 |
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 |
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 |
Answer / sharief
for purchse there is no need to pay TDS. We have to pay VAT
| Is This Answer Correct ? | 20 Yes | 8 No |
Answer / a.tapti
TDS is not deducted because it is less than 20000.
| Is This Answer Correct ? | 14 Yes | 2 No |
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 |
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 |
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 |
What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-
I WANT FULL DETIAL FOR TDS I AM NEW JOING THE GOLD COMPANY I WAN TO PAY TDS BUT I KNO WHAT IS THE TDS PLEASE SEND ANS FOR FULL DETAILS HOW TO PAY, AND WHAT A/C PAY TDS ALL DETAILS I WANT PLEASE SEND THE DETAILS.
If my company undertakes an AMC (Annual Maintainence Contract)with a Service company for Photocopiers Machines it is understood that we will be charged 12.36% of Service Tax on 70% of Total amount however how much percentage VAT is applicable on rest of the 30 % of total amount?
A Company income 150000, and an indivisoul which income 150000 who pay more tax ?
what is the property tax? plz tell me the information with full details
I've bought goods from other state at 2% for trading. What is the rate, I've to charge for my customers?
What is the Exice leavy of food items ?
what is the defference between tds & tcs ?
what is surcharge. when it is chargeable. show all information about surcharge
What is RITC and how it is calculated?
Is the sales tax or vat applicable on sale or purchase of building and other fixed assets.
when we reqiure C form from Party?
Audit 
