TMI BlogTDS Not Applicable on Payments Based on Square Footage for Property Purchases u/s 194C: Not a Works Contract.TDS u/s 194C - liability to deduct tax at source on the payments made to developers/contractors - the payments for the purchase of the sites was calculated on sq. ft. area of the property - contract for purchase of property cannot be equated with works contract. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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