TDS applicable or not u/s 194-c

This query is : Resolved 

29 July 2010 is there tds is applicable in case of work contract between GLADA and Punjab Mandi Board u/s 194-c ?

Please reply soon

Regards

Jagroop Singh

29 July 2010 Sec 194C(1) states that "Any person responsible for paying any sum to any resident....."

Hence Sec 194C is applicable for the above contract.

30 July 2010 Yes TDS will be applicable since it is not an exempted entry..PSU doenot means Govt


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