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Section 194C

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..... CBDT two circular namely No 4 of 28/4/2008 and 275/73/2007IT(B) dt 30/06/2008 clearly states TDS would be deductable from gross amount including serv tax however same is not applicable for 194J . w .....

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..... hat about the situation for 194C for contractor and subcontractor casess - Reply By balasubramanian n - The Reply = The said exclusion is available only for 194 J and not for deductions under ot .....

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..... her sectons - Reply By V Ramanujam - The Reply = The logic given by the Board in the above Circular is while Sec.194I requires deduction of tax on 'any income by way of rent', Sec.194J requires .....

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..... deduction of tax on 'any sum'. On the basis of same logic, Sec.194C also requires deduction of tax on 'any sum' and thus needs to be applied on the gross amount including service tax component, if a .....

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..... ny. - Reply By dkkothari - The Reply = The circular in relation to professional fees is wrong. The board has considered few words and nto all words in S. 194 J . The TDS is to be from fees and noth .....

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..... ing else. For detaied discussion refer articles on this website. - Section 194C - Query Started By: - DEBABRATA ROY Dated:- 21-8-2008 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Kn .....

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..... owledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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