Whether Housing Society is required to deduct TDS on payment of their security charges u/s 194C of the Income Tax Act?
In the explanation of section 194C it is mentioned in clause (g) that society is required to deduct TDS, whereas in clause (l) it is mentioned that AOP/BOI are required to deduct TDS only when they are liable to audit their accounts u/s 44AD.
CAclubindia
