15 December 2013
i Believe the annual maintenance charges paid to the cooperative society are for mutual benefits. So 194c should not trigger. The payment by the member of the society is governed by the principle of mutuality and the society does not derive any income.
Other experts may opine if any different view is there.
15 December 2013
Society is a group of persons called members.Maintenance Charges are not in the nature of a consideration or payment. These are in the nature of contribution. Any surplus/deficit is treated as the commmon property/liability of all the members. . There is not a contract between the Society and Members like "one" will work for "other". It comes into extistence for handling the work of all on the concept of mutuality and co-operation. . Further there is no specific indication under the law for TDS. . So, TDS is not required on Maintenance Charges. .
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