Tds on agent services ( cha agents services like agency charges, edi charges etc)

TDS 5902 views 2 replies

ANIL KUMAR

Working Professional

27 Points Joined March 2012

Whether TDS is Required to be deducted under section 194J or Under Section 194C :

Since the services provided is neither Professional services nor Technical services , It is composite work for the carriage of Goods . So TDS u/s 194J is not applicable.

If there is contract or agreement between the parties , TDS under section 194C is applicable. So if the transactions amount crosses the threshhold limits, TDS under secction 194C is applicable. So TDS would be deducted @ 1 % or 2% as the case may be.

Replies (2)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

210092 Points Joined July 2016

https://www.caclubindia.com/forum/tax-deduction-on-services-of-custom-house-agent-359206.asp

Jitender Kumar

2 Points Joined September 2018

But This type of work is not covered under Sec 194(c), sub-clause (e) of clause (iv) of the Explanation.

There mention work is

"work" shall include—

(a) advertising;

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

(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 how can be tds deduction on agency charge.

Please correct me if i m wrong.