Tds deduction on amount paid to aepc
This query is : Resolved
29 April 2014
Dear Sirs & Friends,
Our company has booked a stall with AEPC (Apparel Export Promotion Council), It is a government organisation, my question is whether we are supposed to deduct TDS U/S 194I on the payments made. Please clear my doubt. Is it ok if we deduct TDS from payments made to Government organisation. Please help to clear my doubt.
Our company has booked a stall with AEPC (Apparel Export Promotion Council), It is a government organisation, my question is whether we are supposed to deduct TDS U/S 194I on the payments made. Please clear my doubt. Is it ok if we deduct TDS from payments made to Government organisation. Please help to clear my doubt.
29 April 2014
TDS applicable on the payments made AEPC. There is no exemptions from deducting TDS on the payments made to Gov Organization.
In the above case TDS may applicable on 194 C/194 I. 194 C if payments made for booking stall, using the common area, using for any other facilities.
194I of only pmt made towards stall rentals.
In the above case TDS may applicable on 194 C/194 I. 194 C if payments made for booking stall, using the common area, using for any other facilities.
194I of only pmt made towards stall rentals.
01 May 2014
you have to deduct TDS for rent . for TDs rate you can check from AEPC that they have lower TDS rate deduction certificate.
if they have certificate of lower TDS rate certificate then you deduct the tds with rate mention in certificate.
if they have certificate of lower TDS rate certificate then you deduct the tds with rate mention in certificate.
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
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
