TDS ON AMC

TDS 7642 views 18 replies
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profession
96 Points Joined August 2007
IS Annual maintenance charges paid to any person is liable for TDS
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On 17 January 2008 at 16:24 Report
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Partner
175 Points Joined December 2007
Yes, Under 194J to be deducted the TDS
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On 17 January 2008 at 16:59
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PRACTISING CA
4283 Points Joined November 2007
Yes it is attracts TDS provisions.
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On 17 January 2008 at 17:58
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Guest
427880 Points Joined August 2012
If its related technical services then section 194 J and for others services 194C is applicable.
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On 17 January 2008 at 18:27
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Employment
154 Points Joined August 2007
Priyanka ur absolutely right
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On 18 January 2008 at 08:56
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MBA in Finance
221 Points Joined December 2007
It attracts 194 C .
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On 18 January 2008 at 10:07
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MBA in Finance
221 Points Joined December 2007
It attracts 194 C .
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On 18 January 2008 at 10:07
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Chartered Accountant
145 Points Joined May 2007
I absolutely agree with Priyanka' s contention.
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On 18 January 2008 at 12:20
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Financial Executive
438 Points Joined October 2007
Dear Friends, AMC paid for the maintanence of office computer. Does it attract TDS under Section 194C or 194J?? Please clarify!!
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On 19 January 2008 at 17:46
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practice
206 Points Joined October 2007
AMC paid for maintenance of office computer is a techinical service. hence it comes under section 194J
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On 21 January 2008 at 13:27
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Guest
427880 Points Joined August 2012

will office building maintenance attracts tds. U/S which section & what is the percentage.

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On 09 May 2008 at 10:52
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article
47 Points Joined May 2008
gbhndg
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On 16 May 2008 at 13:23
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Guest
427880 Points Joined August 2012

what is percentage of tds on amc ?

is there any  lower limt exemption on amc to pay tds ?

 

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On 29 May 2008 at 07:46
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CA Final
814 Points Joined January 2008

If the AMC is related to any technical support or similar to that, then it constitutes contract u/s.194J. If it is routine AMC occuring in the normal course of business, then it is 194C. The demarcation between the two lies in the perception with which we approach.

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On 29 May 2008 at 09:54
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Chartered accountant
111 Points Joined August 2007

agreed with M. Sriram. refer circular no 715 dtd 8 aug 1995

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On 29 May 2008 at 16:06


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