09 February 2013
There is a agreement between our company and another company. when we make payment to that company we usually deduct TDS as per Section 194C. this year we filed a case against that company for some matter and the order was passed against us. Now we have to pay an amount to that company as per court verdict. shall i deduct tds on this payment. Please advise me. regards jaytilak
09 February 2013
Yes sir, you have to deduct TDS for avoiding the matter to be again a court (IT) matter. . TDS is required to be deducted accordingly. .
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