Tds u/s 194c is applicable or not

TDS 555 views 2 replies

XYZ ltd. reimburses the advertisement charges to its parties(the parties advertise on behalf of the co.)

Now my question is whether the company is liable to deduct tax at source u/s 194C.

The party does not deducts TDS.

So are we under a liability to deduct tax at source?

Replies (2)

As the parties advertise on behalf of the company, it is in the nature of a contract. So , you are liable to deduct TDS u/s 194c.

TDS ON PAYMENT TO CONTRACTORS U/S 194C


https://www.chdcaprofessionals.com/2013/03/tds-on-contractor-us-194c.html


 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register