Tds would be deducted?

TDS 878 views 9 replies

If a person is providing service of sending SMSs (advertising), numbers would be given by client and is charging service tax.. Is client required to deduct TDS?? if yes under which section and why??

Replies (9)

In my views TDS u/s 194 J should be deducted since they are rendering a professional service.

Yes TDS will be attracted on this transaction and i am of the opinion that it would be treated as contract for advertismnet and hennce section 194C will be applicable.

plz correct me if i am wrong

I agreed with Mr.Chirag tds is deductible u/s 194C

tds is deductible u/s 194 C

TDS is deductible u/s 194 C  IF PAYMENT is above 30000

we  have purchase glasses for our office renovation.  The seller give us 2 bill 1 is purchase bill with 12.5%  vat  added  &  1 is jobwork charges.  how can we made entry in  tally  & can we deduct tds on jobwork bill.  plz suggest  me

 

As per me under section 194 C..because before providing professional service there is a contract betwwen the service provider and service receiver...So as per my knolwedge 194 C should be applicable...No need to get confused..Cheers,,!!

 

Regards,

Rahul

Yes TDS will be deducted u/s 194C "Payment to conractors".

 

""we  have purchase glasses for our office renovation.  The seller give us 2 bill 1 is purchase bill with 12.5%  vat  added  &  1 is jobwork charges.  how can we made entry in  tally  & can we deduct tds on jobwork bill.  plz suggest  me""

Ms./Mrs. Sameena you have to deduct tds on job work charges u/s 194C. No tds is required to be deducted on purchases of glasses. For making an entry in tally, debit the office renovation expenses.

 


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