Hi!!!
Can u please tell me under which section of Income Tax Act, 1961, the following transaction shall be liable to TDS, whether u/s 194C or 194H.
A concern/agency, unloading the goods and providing services related to such transaction of goods on the ports in case of import of goods in India on behalf of the assessee company.and where in some of its bills the 'agency fees' are exclusively mentioned.i.e. in the bill of the co. providing the service and carrying out the unloading, etc. on behalf of the assessee co.
my ques. is whether such payment to that particular concern by the assessee co. is liable to TDS u/s 194C or u/s 194H considering it as commission or brokerage.
Kindly help me asap.