19 February 2013
With Due respect to Ma'am Parul's view. The company purchasing 300 packets from a vendor doesn't automatically make it a catering transaction.
Unless and until there is evidence to show that the company gave a contract for catering of lunch for 900 persons, I don't see 194C getting invoked.
19 February 2013
For the purpose of attracting sec.194C it is not compulsory that contract must be in written form. It can be oral also. So any work done the limit of which crosses the basic exemption given under sec.194C is liable to deduct TDS under this section.
CAclubindia
