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TDS

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(Querist)
14 April 2009

Is the Co-operative society is libel to deduct the TDS while releasing the payments like "AMC of lift" & other similar type of payments since this is comes under perview of "contract (94c).??
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
14 April 2009 Yes, as per section 194C Cooperative societies are liable to deduct TDS.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
14 April 2009 yes
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
14 April 2009 Yes.

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