Application of 194(c)

whether tds for payment to the manufacturer of plastic bags with trade mark &  name of respective shops/business fall under 194(c)?

Replies (6)

No,

As per section 194 C of income tax Act, payment to a contractor made under contract for sale of goods doesnt attract TDS :)

agree with above TDS is not applicable to sale of the goods

Section 194(C) will not be applicable for sale of goods

YES TDS IS NOT APPLICABLE ON SALE OF GOODS           

 according to the law....

   “work” shall include—

        (a)   advertising;

        (b)   broadcasting and telecasting including production of programmes for such broadcasting or telecasting;

        (c)   carriage of goods or passengers by any mode of transport other than by railways;

        (d)   catering;

        (e)   manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from such customer,

                      but does not include manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from a person, other than such customer.].

 

so will get the answer easily...

in case of difficulty pls write

 

                                                             
                                                                        
                                                           
                                                       

Originally posted by : CA,CMA,CS Karan Gogia

 according to the law....

   “work” shall include—

        (a)   advertising;

        (b)   broadcasting and telecasting including production of programmes for such broadcasting or telecasting;

        (c)   carriage of goods or passengers by any mode of transport other than by railways;

        (d)   catering;

        (e)   manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from such customer,

                      but does not include manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from a person, other than such customer.].

 

so will get the answer easily...

in case of difficulty pls write

 

                                                             
                                                                        
                                                                                                                  

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