Nalinikanth (Asst Manager - F&A) (52 Points)
09 October 2012Dear Professional colleagues and friends,
Greetings!
I would like to know if TDS becomes applicable u/s 194C for a service contract / AMC, where the same person is engaged every month to perform the maintenance service.
Thanking you in advance for the answer.
NaliniKanth
Deepak Gupta
(CA Student)
(15922 Points)
Replied 09 October 2012
| Originally posted by : Nalinikanth | ||
 |
Dear Professional colleagues and friends, Greetings! I would like to know if TDS becomes applicable u/s 194C for a service contract / AMC, where the same person is engaged every month to perform the maintenance service. Thanking you in advance for the answer. NaliniKanth |
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Routine maintenance contracts including supply of spares would be covered under section 194C. However, where technical services are rendered, the provisions of section 194J will apply in regard to tax deduction at source.
Circular : No. 715, dated 8-8-1995.
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