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Tds on garbage removal

TDS / TCS 5329 views 1 replies

Sir/Madam,

Case is :one party with our company, who remove the Garbage from one of our customers Vessel at Sea or at jetty (Anchroage) . and he raise the bill on us instead of Direct Customer. So i want to know wthether it is appropriate to Deduct TDS @  10 % under 94J or it is free from TDS. if applicable please tell me the rate of deduction.

Thanks,


 

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Replies (1)

Mr.Onkar

It is assumed that the party is your sub-contractor.  Then you have to deduct the tax at source as per the provisions of section 194C of Income-tax Act, 1961. 1% for the individual or HUF. 2% for other parties other than Individual and HUF.

Best Wishes

Sathikonda


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