TDS ON DETENTION CHARGES

I'm a partnership firm, I've paid rs 1 Lacs as detention charges, and I'm liable to audit shall I deduct TDS, is it under 194C?
Replies (5)
Quick Summary
This discussion clarifies whether TDS (Tax Deducted at Source) needs to be deducted on detention charges paid by a partnership firm. The consensus is that TDS under section 194C is likely applicable, especially when these charges are paid to a company for compensation due to goods being held up, such as during the COVID-19 pandemic.

Yes 194C is applicable

What kind of detention charges? Whom is it paid?

Due to covid situation goods were lying with the shipping company, hence for compensation detention charges were paid to the company
194C may be applicable
TDS 194C is applicable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details