Easy Office

Claification regarding sec 194c

This query is : Resolved 

16 February 2018 X Ltd is aquatic feed manufacturing company. It received an order from Y Pvt Ltd for manufacturing feed. Required materials were supplied by Y Pvt Ltd to X Ltd.Y Pvt Ltd even formula(Mixture of Raw Materials) to X Ltd. Ultimate Product is sold by X Ltd to Y Pvt Ltd.
Will the payment by Y Pvt Ltd to X Ltd be subjected to TDS under section 194C ?. Please clarify.

16 February 2018 It will fall under works contract 194C TDS applicable.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries