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TDS rate on Electronic Clearing System (ECS) facility

This query is : Resolved 
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(Querist)
21 May 2009 One of our Vendor is Providing the software & facility for Electronic Clearing System (ECS) facilty for directly debiting the customer's account for Loan EMI from their a/c. Whther we should deduct TDS u/s 194C or 194J from Vendor's payment.

Please advice.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
21 May 2009 if this is a machine on rent then u/s 194J otherwise 194C.
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Yogesh Modi

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Yogesh Modi (Querist)
21 May 2009 No the vendor is doing the whole ECS activity for us.
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CA. VIKAS GUPTA

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CA. VIKAS GUPTA (Expert)
22 May 2009 Hi,
in this case, TDS should be deducted U/s 194J since vandor has provided technical service.
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Yogesh Modi

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Yogesh Modi (Querist)
28 May 2009 Thanks a lot
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