Is there any exceptions for TDS u/s 194C.
Should we consider all service invoices without any written agreement which in aggregate may exceed Rs.75,000 in year for TDS u/s 194C.
2 Replies
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 28 July 2015
194C has got nothing to do with agreements.
It is more concerned about the amount of money you pay to the vendor. If your payments fall with in the scope, that would suffice for deducting TDS.
Jyothis
(Article)
(1127 Points)
Replied 02 August 2015
Can anyone...pls quote the section/clause specifically state to include all work job without a written agreement under scope of 194C.
And what all work should be consider for 194C.i've seen some circulars exempting this& that work can i get details of all works exempted for deduction under 194C.
Plz qoute section excluding/including below services u/s 194C
1.) ambulance hire charges by a hospital company to another clinical establishment (can we consider patient as passengers for hiring charges)
2) Cable services/Telephone/internet charges/Insurance premium payable
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