Dear All CCI members,
Pl. suggest me on the issue that our Company have provide Business Auxilery Services (i.e. Assembly Charges) to a Pvt. Ltd. Co. for Rs. 1 cr. Approx.
At the time of Payment they have deduct TDS @ 2% undder Section 194C and return file for the same. And the same is display in our Form 26AS on NSDL site.
But as i know it would cover under Sction 194J and the rate should be @ 10% p.a.
What can do i on this regard pl. suggest ASAP.
Regards,
Vikash Kharvar