Is the definition of Work inclusive or Conclusive.
Where in act it specifies to collect tds on all service invoice eventhough without written agreement.Is there any exemption for work under 194C.What is basic idea behind 194C on all invoice.How will small service provider recover from TDS 194C.Say any service inexcess of 75000 a year without any continiouity (may be out of 2 or 3 transaction).
Can anyone explain this contained the Act with a Example if possible.
"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."
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