If my company is making payment to another company(Gift Coupons Business) who is Providing Gift Coupons to my Employees on my behalf, do I need to deduct TDS while making payment to Gift Coupons issuing Company, IF yes then u/s 194C or 194J?
Pratik (MBA) (10 Points)
19 December 2015If my company is making payment to another company(Gift Coupons Business) who is Providing Gift Coupons to my Employees on my behalf, do I need to deduct TDS while making payment to Gift Coupons issuing Company, IF yes then u/s 194C or 194J?
Ruchi
(CA)
(1410 Points)
Replied 19 December 2015
Yes, tds should be deducted u/s 194C. 194J is not applicable because this is not in nature of professional or technical service.
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