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Tds applicability

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(Querist)
19 April 2012 dear experts,

i had a doubt whether tds is applicable on supply of provisions (including supply of fresh water) to ships considering it as a works contract,pls guide me ......
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
19 April 2012 If it is considered as a contract for any work, TDS U/s 194C becomes applicable.
.
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CA PRAVEEN SINGH

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CA PRAVEEN SINGH (Expert)
19 April 2012 YES IT IS A NATURE OF CONTRACT.
TDS IS TO BE DEDUCTED U/S 194C
AGREE WITH ABOVE.
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
19 April 2012 I believe its not a transaction attracting TDS. Doing business with a Company i.e. supplying provisions and water will not attract TDS.
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nitin suvarna

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nitin suvarna (Querist)
19 April 2012 thx paras ji & praveen ji ,what 's the appropriate reasoning for not applying tds......

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