TDS

This query is : Resolved 

19 June 2009 Dear sir

I am businessman deling in Paddy & Rice

I am buying Paddy from agriculturist & convert the paddy in to rice & Sells the rice.
I am not having Rice Mill for convertion of Paddy in to Rice. I am giving hulling charges to rice mill owbers for convertion of paddy in to rice.Whether convertion charges(hulling Charges) paid to rice mill owners attracts TDS liability

19 June 2009 Yes,
In my opinion you will have to deduct the TDS u/s. 194C as payment to contractors. wait for the expert opinion from others.

19 June 2009 yes deduct TDS U/S 194C


19 June 2009 Yes.
TDS is attracted U/s 194C.

20 June 2009 Yes, TDS is to be deducted u/s 194C

20 June 2009 Dear ,
Make it clear what is turnover & how many mills.U have contracts with.This will depend on value of work contract.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries