TDS under which section to be deducted for the below transaction
Bill Descriptttion: "Service Charges for supply of Food Coupons for the month of"
Bill is charged with Service Tax (under Business Support Category)
Whether we have to deduct u/s.194C of 194J.
Suggesstions please..
Hi, in my opinion TDS is required to be deducted under the provisions of section 194C , reason being , i assume that there is contract for supply of food coupons , taking the similar example as advertising , as it is also covered under this section , this makes the intention of law very clear that services are very well in the ambit.
However , it will not be covered under the provision of section 194J , because above service is not the profession as it is not backed by any qualification and therefore outside the purview of explaination to section 194J .
Agree with Shashang Goyal
Thanks Shashank for your Opinion and it is clear.
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