Menu
TDS on warehouse charges
Generally the nature of contract is identified from the agreement executed between the parties and the term sa n dconditions mentioned in it.
As per your explanation, the warehouse vendor has only given you rate list for warehousing. In my opinion whether it will be only hiring service or complete management service depends upon the following:
1. The service which he mentions on the monthly invoices raised by him
2. If only rental charges - 194I will be applicable
3. If hiring +loading & unloading + security - 194C will be applicable.
What are the TDS obligations on rental payments for storage services under a single rent agreement involving a storage owner, a Farmer Producer Company (FPC), a Farmer Producer Organisation (FPO), and NAFED, especially considering that the storage is provided to the FPC as a subcontractor for the FPO but End user is NAFED?
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
