https://www.taxtmi.com/circulars?id=4911 Payments to resident contractors by specified agencies require deduction of tax at source under section 194C on payment or credit, and contractors must deduct tax on payments to resident sub-contractors; no deduction is required where the contract consideration does not exceed the statutory threshold. An amendment mandates that such deductions be increased by a Union surcharge calculated on the tax deducted, applicable only to payments after the amendment's effective date, and the circular directs state disbursing officers and undertakings to comply and seek assistance from Income-tax Officers if needed. en-us Fri, 19 Feb 1988 00:00:00 +0530 Mon, 04 Aug 2008 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4911 Payments to resident contractors by specified agencies require deduction of tax at source under section 194C on payment or credit, and contractors must deduct tax on payments to resident sub-contractors; no deduction is required where the contract consideration does not exceed the statutory threshold. An amendment mandates that such deductions be increased by a Union surcharge calculated on the tax deducted, applicable only to payments after the amendment's effective date, and the circular directs state disbursing officers and undertakings to comply and seek assistance from Income-tax Officers if needed. Circulars Income Tax Fri, 19 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4911