TDS Applicability on prize money reimbursed
This query is : Resolved
Quick Summary
CMA Sagar Das
(Querist)
01 March 2024
Manpower providing company gives cash prizes to employee. They raised invoice to us for the cash prize and with their charges. If we have to deduct TDS then deduct u/s 194R or 194C as SAC code mentioned in the bill 998311.
CA R SEETHARAMAN
(Expert)
01 March 2024
Deduct TDS under section 194c.
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CA R SEETHARAMAN
(Expert)
01 March 2024
Deduct TDS under section 194c.
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