https://www.taxtmi.com/news?id=931 TDS under Section 194C is amended to broaden withholding coverage and to treat contracts involving supplied materials as taxable either on the invoice value excluding separately stated material cost or on the whole invoice if material cost is not separately stated. The amendment adjusts withholding rates by recipient type and contract category, clarifies sub-contract withholding, and preserves a non-deduction per-payment threshold with an aggregate-year trigger for payer liability. en-us Thu, 09 Jul 2009 11:27:53 +0530 Thu, 09 Jul 2009 11:27:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=931 TDS under Section 194C is amended to broaden withholding coverage and to treat contracts involving supplied materials as taxable either on the invoice value excluding separately stated material cost or on the whole invoice if material cost is not separately stated. The amendment adjusts withholding rates by recipient type and contract category, clarifies sub-contract withholding, and preserves a non-deduction per-payment threshold with an aggregate-year trigger for payer liability. News - Thu, 09 Jul 2009 11:27:53 +0530 https://www.taxtmi.com/news?id=931