my company purchasing power from another company which is providing of facility of Providing electronic Platform for trading of Power on the IEX , he is charging amount for non refundable subscripttion for using power from that company he raised bill with service tax
my queary is tds is deductible under 194 c or 194 j ?
i think that business comes under technical service so it should be comes under 194j
pls any body answer
194J was applicable only if there is any receipt of professional or technical services.
I think there is no professional or technical service here. the company only buying power from them. They are charging service tax only to fulfill the service tax requirments.
It is just like a man power supply contract, in that case also the client charges service tax but we ll deducted TDS as per 194C.
So in this case also you have to deducted TDS as per 194C only
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