Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Discussion > Income Tax > TDS >

TDS on security services

    Post New Topic
Pages : 1 2





ca


[ Scorecard : 105]
Posted On 04 November 2007 at 10:49 Report Abuse

Payment to security agencies for poviding security guards will be subject to TDS u/s.

194C or  194J ?  



Total thanks : 1 times

Online classes for CA CS CMA



(Guest)
Posted On 04 November 2007 at 11:54

It will be covered u/s 194C only as it is contractual in nature and it is concerned with supply of manpower.




Shyam Lal Naik
Service


[ Scorecard : 5832]
Posted On 04 November 2007 at 11:57

Contract for carrying out any work includes service contract. Provision of security service is a service contract and covered under 194C.



Rachana Gadage
Account Executive


[ Scorecard : 136]
Posted On 05 November 2007 at 17:10

Yes it is taxable u/s 194 C



Nirmal1986
articles


[ Scorecard : 146]
Posted On 06 November 2007 at 10:54

what is the rate for the above case



CA. Vineet Grover
Chartered Accountant


[ Scorecard : 1503]
Posted On 06 November 2007 at 12:47

Security service is covered under 194C and te applicable rate is 2.06% for firms / companies where total payment is upto Rs.1crore and 2.266% where total payment exceeds Rs.1 crore



(Guest)
Posted On 06 December 2008 at 17:33

Originally posted by :s kumar
" Payment to security agencies for poviding security guards will be subject to TDS u/s.
194C or  194J ?  
"


 




praveen
Chartered Accountant


[ Scorecard : 5548]
Posted On 06 December 2008 at 18:16

194 C




Omkar
Student


[ Scorecard : 255]
Posted On 07 December 2008 at 09:54

Ya,it's covered under 194C and the applicable rate is 2.06% (2%TDS+2%EC+1%S&HEC)where total payment is upto Rs.1crore and 2.266% (2%TDS+10%surcharge + 2%EC+1%S&HEC) where total payment exceeds Rs.1 crore.

 




sanjay
Student


[ Scorecard : 21]
Posted On 26 May 2011 at 14:58

Current rate is 1% for prop. huf.....2% for others



There are 12 Replies to this message





Related Files








Related Threads


Post your reply for TDS on security services



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.




Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top