Tag Archives: TDS on Payment for Works Contract

Section 194C: TDS Rates on Payments to Contractors and Sub-contractors

Section 194C deals with Tax deducted on payments to contractors and sub-contractor. Any person responsible for making any payment to a resident contractor for a contract to carry out any work has to deduct TDS under section 194C. Tax should be deducted at the time of credit or payment whichever is earlier. Work for Section… Read More »