08 June 2015
SIR I NEED ONE CLEARIFICATION REGARDING TDS ON CONTRACTS THE TOTAL AMOUNT IS 36,92,312 OUT OF WHICH 1,56,483 IS FOR PROFESSIONAL CHARGES. SIR PLEASE TELL ME UNDER WHICH SEC I HAVE TO DEDUCT TDS .SHOULD I DEDUCT FOR THE WHOLE AMOUNT U/S 194C OR I HAVE TO DEDUCT SEPERATELY UNDER BOTH THE SECTIONS I,E,.194C AND 194J
08 June 2015
Contract for providing Contract Labour attracts provision of Section 194C. So you did the right thing. Where is the problem?
Querist :
Anonymous
Querist :
Anonymous
(Querist)
08 June 2015
Sir problem is that accountant has not deducted tds on professional charges included in that bill and I have confusion whether to deducted tds for whole amount u/s 194c or seperately under respective sections.waiting for response.
09 June 2015
If it is contract for Manpower Supply i.e., Providing Contract Labour then TDS to be deducted u/d 194C on entire amount. There is no professional service involved.
Professional service is applicable in case of Manpower Recruitment/Staffing service which attracts provision of Section 194J.