12 February 2013
In a rent cum maintenance contract; the lessor, collects whole of the sale proceeds of the lessee business & pays him only the balance left after deducting his rent & maintenance charges. Is the lessee liable to deduct TDS U/s 194C-contract for the maintenance charges charged by lessor? How will it be possible to deduct the TDS by the lessee since the lessee receives only the balance collection?
CAclubindia
