TDS u/s 194C

This query is : Resolved 

11 April 2009 will TDS u/s 194c attract when business transction are made for which payment is made between the companies with same managment,same directors with same holding of shares???
can answer be changed if one company is holding the shares of other sister group company having same management???

12 April 2009 TDS is attracted in both cases.

12 April 2009 Yes.
TDS is applicable.





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