TAX DEDUCTION AT SOURCE.
This query is : Resolved
04 November 2008
Our client has been paying Rs 10,000 pm to M/s Vimta labs towards testing of its raw materials.At what rate should TDS be deducted??
04 November 2008
194C.
04 November 2008
It may not be a Professioanl service, but a contractual service. Therefore 194C where it is just 1% whereas 194J will 10% which is very harsh.
04 November 2008
I do not recommend that the section be determined based on rates. It is based on the nature of work concerned. The question was merely testing of material. whether it was professional nature or not you will have to say. If you think it is professional in nature go ahead and pay accordingly.
04 November 2008
I was just clarifying dat 194 rate is 2% and not 1% which u stated earlier.
04 November 2008
its a techinal service TDs rate applicable 10.30%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Sales return eway bill
- Specified Profession
- GST ON DAMAGED GOODS
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
