TMI BlogTDS on cooling charges paid to the cold storage Under Section 194-I to payments made by the customers on account ofX X X X Extracts X X X X X X X X Extracts X X X X ..... TDS on cooling charges paid to the cold storage Under Section 194-I to payments made by the customers on account of - Commentaries / Editorials Dated:- 21-1-2008 - News - An issue was raised before t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he CBDT to clarify the applicability of TDS on cooling charged paid to cold storage owners. CBDT has issued a Circular No. 1/2008 Dated 10-1-2008 and clarified that: "Since the arrangement betwe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en the customers and cold storage owners are basically contractual in nature, the provision of section 194-C will be applicable to the amounts paid as cooling charges by the customers of the cold st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orage." Therefore, TDS under section 194-I shall not be deducted. (Income Tax Chapter - XVII - B - COLLECTION AND RECOVERY OF TAX - B. - Deduction at source) - News - Press release - PIB T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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