TDS on Painter
This query is : Resolved
02 June 2007
Urgent.
Should we deduct TDS@professional or contractor for payments made to a painter?
Painter Vs. Professional Painter.
Should we deduct TDS@professional or contractor for payments made to a painter?
Painter Vs. Professional Painter.
08 June 2007
Income tax act has defined professional as any person who has obtained knowldege and specialised in his skill and defined the catagories of person who are professions under that Painter is not mentioned hence he is not professional and TDS on Profession cannot be deducted TDS on contractor apply
10 June 2007
depend on nature of agreement. in the absent of agreement sec 194j applied.
06 September 2007
Sir,
Its a works contract. Sec 194C is attracted.
Its a works contract. Sec 194C is attracted.
15 September 2008
Seems the view of Mr.Shyam Lal Naik is correct.
Message likes :
2 times
24 March 2010
Extending the Query
Whether the WCT will be applicable if the same is the Work Contract?
Whether the WCT will be applicable if the same is the Work Contract?
24 March 2010
VAT on sale of material in the course of execution of works contract governed by State Vat laws read with Artile 366 (29A)of the constitution.
As such, all jobs involving carrying out any work are not exiligible to VAT/WCT.
From the available facts, WCT not applicable.
As such, all jobs involving carrying out any work are not exiligible to VAT/WCT.
From the available facts, WCT not applicable.
29 April 2010
If the work is for painting a wall, house, building it will be works contract for doing sonthing, thus provisions of section 194C shall apply. If this a painter, means an artist, this category of professinal is not mentioned in section 44AA, thus there should not be any TDS at all unless the work is done for payor under a contract and according to the specification of payor. For exemple, company buys a painting from the artist which he has painted of his own for 10 lac no TDS is required to be deducted, however if the company paus Rs 10 lac to the same artist for painting portrait of it's MD / making logo of the company, TDS would be @ 2% u/s 194C.
21 June 2010
194C is applicable
21 June 2010
194C is applicable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
