Please Help: TDS

Posted Date : 15-Sep-2016 , 09:06:26 am | Posted By jayasri

IF WE ARE HAVING A CONTRACT WITH A SPECIFIC PERSON THEN WE SHOULD DEDUCT TDS U/S 194C(ASSUMING ALL CONDITIONS OF 194C TO DEDUCT TDS ARE SATISFIED) BUT THE PERSON IS PROVIDING US PROFESSIONAL SERVICES TO US WHICH IS ELIGIBLE TO TDS U/S 194J.MY QUERY IS WHETHER WE SHOULD DEDUCT TDSU/S 194C(1%) OR 194I(10%)

Category : Income Tax | Answers : 0 | Comments : 1 | Hits : 233