TDS rates on service rendered by Clearing agent other than clearing and forwarding

This discussion seeks clarification on the appropriate TDS (Tax Deducted at Source) section for services provided by a clearing and forwarding agent that fall outside their typical clearing and forwarding duties. Specifically, the user is asking whether TDS should be deducted under Section 194C or 194J for services related to the cancellation and application of bonds. The prevailing suggestion is to consider Section 194J unless there's an annual contract, in which case Section 194C might be applicable.