TDS on Terminal Handling Charges (THC)

This query is : Resolved 
 


Querist : Anonymous (Querist) 13 March 2010

Pls advice on Whether TDS needs to be deducted on Payment to Clearing agent towards TErminal Handling Charges( THC)

Pls Provide case laws if nay





CA Vijay Kumar Gupta (Expert) 14 March 2010

YES, REFER CIRCULAR 785



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