Tds on contract


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2014 hi

Iam working in and FMCG company, our company is going to participate all india industrial exhibition for that we are opening a stall for sale of our products now my query is we had given a contract for layout of structure for selling ou our products my doubt is whether amount paid to that contractor attracts TDS or not , kindly note that we are not giving any material for construction of that layout, please guide me

30 December 2014 Since it is contract nature. Tds apply under section 194C

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2014 but no material for construction has been supplied, is this point relevant here

30 December 2014 Tds is applicable Since you are not provided any materials.


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