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TDS ON DETENTION CHARGES
I'm a partnership firm, I've paid rs 1 Lacs as detention charges, and I'm liable to audit shall I deduct TDS, is it under 194C?
Replies (5)
Yes 194C is applicable
What kind of detention charges? Whom is it paid?
Due to covid situation goods were lying with the shipping company, hence for compensation detention charges were paid to the company
194C may be applicable
TDS 194C is applicable
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