Kindly advice whether TDS needs to be deducted on the Management fees charged by the Travel Agency under 194C?
C.A. M.Com. Suhas A. Nagpure
(CA)
(1175 Points)
Replied 18 April 2012
Yes
TDS should be deducted on Commission / Mgt Fees
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 19 April 2012
AREA OF 194C IS VERT WIDE...
TDS U/S 194 C IS TO BE DEDUCTED IF IS THERE IS A NATURE OF CONTRACT / A TYPE OF CONTRACT.
IN ABOVE CASE I THINK TDS IS TO BE DEDUCTED.U/S 194 C
Brajesh gautam
(student)
(232 Points)
Replied 19 April 2012
sunil ji
can you elucidate clearly the management fees & travel charges