05 February 2011
Sir Plz tell me for deducting TDS on Laboratory testing fees wich section will be applicable ? whether 194C or 194J....or there is no need to deduct TDS ?
Where basis of delivery is primarily quantum based then 194C apply and where basis of delivery is primarily based on intelectuals or on earned knowledge then 194 J apply, it s vary on fact to fact basis. Best Regards For Asutosh & Pankaj Chartered Accountants Audit ! Assurance ! Risk Assesement ! Consulting
05 February 2011
Agreed with u Pankaj sir..but why we deduct TDS in case of C & F Agent u under 194 C ? in this case i think there is no quantum based service ?
07 February 2011
Dear Sahil In you case, the opinion will be depend on fact basis. Primarily it looks like u/s 194J.
Like C & F commission. Please always consider when 194J comes in to picture where specified/earned knowledge comes otherwise not. This is the basics for 194J