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TDS

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(Querist)
14 April 2009

Is the Co-operative society is libel to deduct the TDS while releasing the payments like "AMC of lift" & other similar type of payments since this is comes under perview of "contract (94c).??
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
14 April 2009 Yes TDS to deduct as per rule.
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
14 April 2009 Co operative societies are required to deduct tds u/s 194C w.e.f. 01.04.1973(Ref. section 194C(1)(e).
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
14 April 2009 yes

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