TDS as 194J or 194C

Hemant Jain (Article Assistant) (107 Points)

04 December 2007  

Dear Friends,

A Contract is given to a Company whose only works is Testing. The bills are raised as  testing charges.

So the company has to deduct TDS as 194 J ( as the testing charges are in nature of profesional fees Since the company has no other kind of income) or 194 C ( as the company has given him the contract )