TDS ON AMC
Navita (profession) (96 Points)
17 January 2008
IS Annual maintenance charges paid to any person is liable for TDS
Nagaraju Pogula
(Partner)
(175 Points)
Replied 17 January 2008
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 17 January 2008
Samir
(Chartered Accountant)
(145 Points)
Replied 18 January 2008
Ramakrishna
(Financial Executive)
(438 Points)
Replied 19 January 2008
girish mangla
(practice)
(206 Points)
Replied 21 January 2008
M.Sriram Shenoy
(CA Final)
(814 Points)
Replied 29 May 2008
If the AMC is related to any technical support or similar to that, then it constitutes contract u/s.194J. If it is routine AMC occuring in the normal course of business, then it is 194C. The demarcation between the two lies in the perception with which we approach.
Deepak
(Chartered accountant)
(111 Points)
Replied 29 May 2008
agreed with M. Sriram. refer circular no 715 dtd 8 aug 1995
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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