TDS rate on Electronic Clearing System (ECS) facility
This query is : Resolved
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.
Please advice.
21 May 2009
if this is a machine on rent then u/s 194J otherwise 194C.
21 May 2009
No the vendor is doing the whole ECS activity for us.
22 May 2009
Hi,
in this case, TDS should be deducted U/s 194J since vandor has provided technical service.
in this case, TDS should be deducted U/s 194J since vandor has provided technical service.
28 May 2009
Thanks a lot
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