Regarding tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 February 2012 Hi,

I have a doubt in TDS in 194C (Subcontractots) Payment.

We have done a payment for X & Y. The X & Y are Partner's of a Firm. We have done payment in the name of Firm also. My Question is We can do TDS on Individual or in the name of Firm.

CA. Hari Kishan

CA. Hari Kishan (Expert)
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10 February 2012 You shall have to see that who is the provider of the service (as in was the contract agreed was between the firm and you) or was it between one of the partner in his independent capacity with you.. accordingly TDS shall be required to be deducted .. I would suggest that TDS be deducted of the firm..