K G CHANDRASHEKHAR (Account Head ) (26 Points)
15 March 2017SIR
WE ARE SELLIGN THE PHONE ON SNAP DEAL AND BILLS ARE COMPUTER GENERATED, IN THE BILL THEY MENTIONING PAYMENT COLLECTION FEES AND MARKIETING FEES SO WE ARE DEDUCTION TDS ON PROFESSIONAL FEES BUT SNAP DEAL OBECTED FOR 194J AND INSISTING TO TDS DEDUCT ON COMMIONS UNDER 194H
PLEASE SUGGEST
THANKS SIR
Rajagopalakrishnan R
(PARTNER)
(1422 Points)
Replied 15 March 2017
You will definetly not come under Professional or technical fees(194J) but possibly under 194H if collection fees is treated as commission or under 194C if collection activity is treated as a contract
Rajagopalakrishnan R
(PARTNER)
(1422 Points)
Replied 15 March 2017
You will definetly not come under Professional or technical fees(194J) but possibly under 194H if collection fees is treated as commission or under 194C if collection activity is treated as a contract
Manoj BG
(Tax Professional and in Service)
(1795 Points)
Replied 16 March 2017
Yes, the substance of transaction definitely not covered by Section 194J but more like in the nature of commission 194H (liable for 5%) for getting your products on their site and they are charging you only when you sell your product on SNAPDEAL.
Thanks and Regards,
Manoj
CAclubindia
