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Tds query

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(Querist)
06 April 2012 If employee of holding company act on behalf of Subsidiaries and holding company raised a debit note to Subsidiaries of manpower charges. In that case, Are subsidiaries liable for Tds deduction on debit note??????
If it is liable then in which section 194c or 194j
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
06 April 2012 Yes TDS has to be deducted u/s 194J.
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AVTAR SINGH

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AVTAR SINGH (Querist)
06 April 2012 thanks 4 reply......Sir can u explain me in detail y we deduct TDS u/s 194J.
and also tell y not u/s 194c?




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