04 August 2009
on which rate ( weather 194 c or 194 j)tds should be deducted on agency charge or commission ,charge by clearing or forwarding agent on service render by him for clearing import consignment.
04 August 2009
TDS has to be deducted under section 194C for contract work. In case the CHA gives combined bill for reimbusements and service charges, TDS has to beducted on whole bill. However,if separate debit note is issued for reimbursements and service charges bill is issued separately then TDS is applicable on the bill amount only and not on the debit note.is it correct?
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