TDS


This query is : Resolved 

(Querist)
14 April 2009

Is the Co-operative society is libel to deduct the TDS while releasing the payments like "AMC of lift" & other similar type of payments since this is comes under perview of "contract (94c).??

14 April 2009 Yes TDS to deduct as per rule.

14 April 2009 Co operative societies are required to deduct tds u/s 194C w.e.f. 01.04.1973(Ref. section 194C(1)(e).



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