Dear friends,
Our co is paying photocopy charges to a vendor averaging Rs 15,000/- to 20,000/- p.m. I would like to know whether this paymnet to subject to TDS u/s 194C. Please advise.
Thanks,
CA Shyam Sunder Agarwal (CA) (103 Points)
08 August 2011Dear friends,
Our co is paying photocopy charges to a vendor averaging Rs 15,000/- to 20,000/- p.m. I would like to know whether this paymnet to subject to TDS u/s 194C. Please advise.
Thanks,
Deepak Tapse
(Accounts Manager - Taxation)
(1771 Points)
Replied 08 August 2011
Yes, its comes under 194C
CA Shyam Sunder Agarwal
(CA)
(103 Points)
Replied 08 August 2011
Thanks for your suggestion.
Other views are welcome...
Hemant Mehta
(Chartered Accountant )
(234 Points)
Replied 08 August 2011
Ya Deepak & Abdul are right. it will cover u/s 194C
TRILOCHAN
(SENIOR ACCOUNTANT)
(698 Points)
Replied 08 August 2011
Yes , It is covered U/s 194C and TDS Applicable
Regards
TRILOCHAN
Nishant Alok
(Chartered Accountant)
(97 Points)
Replied 08 August 2011
Yes it comes under the 194 C & TDS should be deducted.Only the contract which is actually contract for sale does not comes under 194 C.It is not in the nature of sale & so TDS is to be deducted
Rohit Singh Bhandari
(article)
(26 Points)
Replied 08 August 2011
yes 194C would become applicable as there a definate contract to pay the said amount for the said photocopy charges.
Also to make 194C applicable contract can be written or not.
C.A. BHAVIN A. RATANGHAYRA
(PRACTISING CA)
(29 Points)
Replied 10 August 2011
sakshi taneja
(qualified ca n searching job)
(341 Points)
Replied 10 August 2011
YES TDS U/S 194C SHALL BE APPLICABLE......
sakshi taneja
(qualified ca n searching job)
(341 Points)
Replied 10 August 2011
YES TDS U/S 194C SHALL BE APPLICABLE......
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