Payment to security agencies for poviding security guards will be subject to TDS u/s.
194C or 194J ?
13 Replies
Shyam Lal Naik
(Service)
(6156 Points)
Replied 04 November 2007
Contract for carrying out any work includes service contract. Provision of security service is a service contract and covered under 194C.
Rachana Gadage
(Account Executive)
(136 Points)
Replied 05 November 2007
Yes it is taxable u/s 194 C
CA. Vineet Grover
(Chartered Accountant)
(1538 Points)
Replied 06 November 2007
Security service is covered under 194C and te applicable rate is 2.06% for firms / companies where total payment is upto Rs.1crore and 2.266% where total payment exceeds Rs.1 crore
(Guest)
| Originally posted by :s kumar | ||
| " | Payment to security agencies for poviding security guards will be subject to TDS u/s. 194C or 194J ? |
" |
Omkar
(Student)
(255 Points)
Replied 07 December 2008
Ya,it's covered under 194C and the applicable rate is 2.06% (2%TDS+2%EC+1%S&HEC)where total payment is upto Rs.1crore and 2.266% (2%TDS+10%surcharge + 2%EC+1%S&HEC) where total payment exceeds Rs.1 crore.
Maneesh Kumar
(B.Com M.Com STUDENT CWA IPCC)
(507 Points)
Replied 26 May 2011
Current tds rate on 194c is 1% for prop. huf.....2% for others
Surendra Likhar
(Account Assistant)
(24 Points)
Replied 10 March 2012
if i printed stationery and leaflet for school publicity purpose and invoice amt goes to over 25000/- there is tds applicable
Balasubramani
(Senior executive)
(90 Points)
Replied 04 July 2014
Above messages useful for Frehers (TDS Filling purpose).
Siddharth Goel
(Chartered Accountant)
(3031 Points)
Replied 27 June 2018
| Originally posted by : Surendra Likhar | ||
 |
if i printed stationery and leaflet for school publicity purpose and invoice amt goes to over 25000/- there is tds applicable |
 |
- Nature of service:
- 194C - If the services are received from an advertising agency, it can be considered as a Contractual service u/s 194C and rate applicable @ 1% for Individual, HUF and @ 2% for others, for . Eg: service to publish an advertisement in a newspaper.
- 194J - If the services are received from a professional individual or organisation, it can be considered a Professional Fee u/s 194J @ 10% . Eg: service Fee paid to an actor, fee paid to a company for providing services to create the advertisement.
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