TDS on supply of manpower
This query is : Resolved
Quick Summary
25 February 2008
Hi,
One of my client is a outsourcing company wherein they supply manpower to corporate where the employee are on the payroll of my client in turn my client received the payment from the corporate. I would like in this case will it be covered under profession or contract for the purpose of TDS.
One of my client is a outsourcing company wherein they supply manpower to corporate where the employee are on the payroll of my client in turn my client received the payment from the corporate. I would like in this case will it be covered under profession or contract for the purpose of TDS.
25 February 2008
As your client is not providing any professional services, he is engaged only in supply of manpower, it would be covered by Contact for the purpose of TDS ie us 194C
25 February 2008
How he needs to prepare billing?Is the below the correct way.
Cost for supply of 3 staff is xxxxxx or
Staff salary for the month of Jan is xxxxx or is there any other way
Cost for supply of 3 staff is xxxxxx or
Staff salary for the month of Jan is xxxxx or is there any other way
25 February 2008
Normally these Man-power recruiting agency charge as a proportion of the Annual CTC of the employees the data-base of whom they have supplied. They describe it as services rendered in connection with recruitment of xxxxxxxxx.
25 February 2008
see, this depend upon how you have raised the biil,and what kind of agreement they have in between your client and that other company, on what basis they are allowing their manpower to work with them.
if they are providing any professional or techinical service then it wiil be covered under 194 J OR if they are manpower supplying company it will comeunder 194C or otherwise as the case may be.
if they are providing any professional or techinical service then it wiil be covered under 194 J OR if they are manpower supplying company it will comeunder 194C or otherwise as the case may be.
25 February 2008
But in this case manpower are on the payroll of my client who in turn raise the bill to the corporate.So is this will BEtreated under section 194C OR 194j
25 February 2008
Here no proffessional service rendered, Hence under Contractor
25 February 2008
SINCE THEY ARE NOT PROVIDING ANY PROFESSIONAL OR TECHNICAL SERVICE AND THERE IS ONLY SUPPLY OF MANPOWER IT SEEMS TO BE CONTRACT AND THEREFORE TDS U/S 194C IS APPLICABLE(CONTRACT)
26 February 2008
TDS rate as applicable to contractor under section 194c will be applicable
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