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TDS ON AMC

Navita (profession) (96 Points)

17 January 2008

IS Annual maintenance charges paid to any person is liable for TDS

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18 Replies

Nagaraju Pogula (Partner) (175 Points)
Replied 17 January 2008

Yes, Under 194J to be deducted the TDS

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CA Chaitanya (PRACTISING CA) (4283 Points)
Replied 17 January 2008

Yes it is attracts TDS provisions.

(Guest)

If its related technical services then section 194 J and for others services 194C is applicable.

Narendra (Employment) (154 Points)
Replied 18 January 2008

Priyanka ur absolutely right

H S Rajashree (MBA in Finance) (221 Points)
Replied 18 January 2008

It attracts 194 C .

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H S Rajashree (MBA in Finance) (221 Points)
Replied 18 January 2008

It attracts 194 C .

Samir (Chartered Accountant) (145 Points)
Replied 18 January 2008

I absolutely agree with Priyanka' s contention.

Ramakrishna (Financial Executive) (438 Points)
Replied 19 January 2008

Dear Friends, AMC paid for the maintanence of office computer. Does it attract TDS under Section 194C or 194J?? Please clarify!!

girish mangla (practice) (206 Points)
Replied 21 January 2008

AMC paid for maintenance of office computer is a techinical service. hence it comes under section 194J

(Guest)

will office building maintenance attracts tds. U/S which section & what is the percentage.

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Amit Paul (article) (47 Points)
Replied 16 May 2008

gbhndg

(Guest)

what is percentage of tds on amc ?

is there any lower limt exemption on amc to pay tds ?

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.