I have a querries regarding TDS applicability, my question is a Caterer providing staff lunch to our Companay employee. He crossed the value of Rs.50000.00 in a F.year. Company have bear the 50 % of Cost of Lunch 50 % is deduct from staff salary. In this TDS is applicable or not U/S 194C.
PLS. REPLY URGENTLY.
Regards Bishnu Deo Sharma bishnu_jsr@rediffmail.com