CA Sansaar

Q. > Please Help: Whether any remedy available to Residential Welfare Association from Sec 194C
user

548 views • Question added May 09, 2013 • Income Tax • By CA. Naveen Sati , CA , Haldwani


A Residential Welfare Association (RWA) is registered under Societies Registration Act, 1860. RWA paying Rs 13,500/- per month to a Small Security Agency against services of 3 security guards (Security Agency is also not registered with Service Tax). RWA have no any business income. The income of RWA is exempt under “Principle of Mutuality”. Now the query is whether it is mandatory for RWA to deduct the TDS on payment/ Credit of Security Agency u/s 194C. Whether any remedy available to RWA.

subscribe
user

CA Pardeep Chanana

09-May-2013 , 10:16:11 am

Dear Mr. Naveen, Section 194C has nothing to do with the income/non-income of residential welfare association. It is purely a procedural section and you need to deduct TDS of the security agency under section 194C of Income Tax Act. However if security agency can provide you a certificate under section 197(1) for non deduction of TDS,then you would not be liable to decution of TDS.

user

CA. Naveen Sati

09-May-2013 , 03:20:35 pm

Thanks

user

CA. Naveen Sati

09-May-2013 , 04:06:04 pm

Thanks

Ask a question:
Experts Panelist
Profile Image
Rambabu Senkarasetti
Accounts, Audit, Corporate Law, Finance, Income Tax, Service Tax, Students, VAT
Answers Posted : 409
Profile Image
CA Satuti Mahajan
Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 291
Profile Image
Vikash Kumar Jha
Accounts, Audit, Banking, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 270
Profile Image
Rishabh Upadhyay
Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 257
Profile Image
Ashish Karundia
Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, Income Tax, Service Tax, Students, VAT
Answers Posted : 257
Profile Image
Mrattunjay
Accounts, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 220
Profile Image
PRIYANKA
Accounts, Audit, Corporate Law, Excise, Finance, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 136
Profile Image
CA. SURESH Kr. AGARWAL
Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, GST, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 131
Profile Image
Vaneet Gupta
Accounts, Audit, Corporate Law, Custom, Excise, FEMA, Finance, IFRS, Income Tax, Service Tax, Shares & Stock, Students, VAT
Answers Posted : 120
Profile Image
Ketan Samdani
Accounts, Audit, Corporate Law, Excise, Finance, GST, Income Tax, Service Tax, Students, VAT
Answers Posted : 117
View more
4856
QUESTIONS
4692
ANSWERS
807
EXPERTS
2701
QUERIST
Home Jobs Empanelment Queries Profile