Section 194c & 194 j

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Priyanka Dhiman (Querist)
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09 February 2013 Whether TDS provision U/s. 194C and 194J of the Income Tax Act will be applicable on the gross contract amount payable (inclusive of service tax) or net contract amount payable (exclusive of service tax)

Amol S Joglekar

Amol S Joglekar (Expert)
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09 February 2013 A careful reading of 194C and 194J depicts that the words used in the sections are any sum paid/ payable as against 194I or 194H where the word used is income. So deduct on GROSS in cases of word used SUM in the sections and deduct on NET in cases of word used INCOME.

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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30 November 2013 It will be applicable on gross (inclusive of service tax).

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