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Querist : Anonymous

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Querist : Anonymous (Querist)
30 January 2013 A COMPANY PAYS RS 1 lakh to a firm for making a trophy to be given at a award function of it, is tds applicable on this transaction and if yes please provide a brief reason, Thank you for
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CA Harish Suwalka

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CA Harish Suwalka (Expert)
30 January 2013 it is a contract, hence tds deductible u/s 194c
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Querist : Anonymous

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Querist : Anonymous (Querist)
31 January 2013 thank you sir but my principal needs a explanation
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