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tds on contract cancellation

This query is : Resolved 
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(Querist)
07 May 2008 dear sir!
my company was having one service contract with nokia.
Due to some reason this contract has been cancelled.
we have raised a debit note on nokia.
When they released our payment they have deducted TDS on this amount.
I think it should not be deducted.they have deducted this tds under 194c
Please clear this issue.
Gajendra
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O.D.SHARMA

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O.D.SHARMA (Expert)
08 May 2008 Your querry is not very clear. But for service contract 94c is applicable & nokia is right in deducting TDS .U can adjust it in future with return of IT
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