tds u/s 194 C

This query is : Resolved

Vinay (Querist)
Follow

08 February 2011 We are coastal logisitics company.There are several contracts signed between our company and sub contracters. our two logistics operation unit in Porbandar and Mumbai.

We appointed two stevedoring agents at both locations.

in Porbandar,

We have a container yard , paid rent to Gujarat Maritime Board .

Here , GMB recover vessal related charges from our agent i.e. port dues,pilotage ,birth hiring,towage .Agent pass on the entire billing amount to us

Should we deducted tds from agent's bill.

In Mumbai,

We also appointed stevedoring agent.

Indira Contianer Terminal Pvt.Ltd.(ICTPL) raised bill to our Mumbai agent for loaded continer storage charges ( Import storgae) and empty container storage charges.

ICTPL also raise bill for vessal related charges i.e. to agent.

Our agent pass on the entire bill amount to us. Should we deducted tds from agent's bill.

Please advice.

Vinay Kale

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

08 February 2011 You have to deduct TDS on agents' Bills which have been very well raised upon your company under a contractual agreement.
The agent is performing like a contractor who is accomplishing the tasks entrusted to him.

By deducting TDS from his bill your company
there after does not remains liable to deduct TDS of other service agencies which are presently involved with the agents.

Guest

Guest (Expert)

08 February 2011 TDS will be required u/s 194C

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

R M Shekhaliya

Amit Goyal

SHRI HARIRAO

Frank

Pushkar Nagda

Subscribe Now

tds u/s 194 C

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

CA Final

Senior Executive

GST CONSULTANT

Accountant

GST CONSULTANCY