TDS 194H OR 194C

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... TDS 194H OR 194C
Query (Issue) Started By: - Ramesh Agarwal Dated:- 25-1-2013 Last Reply Date:- 2-2-2013 Income Tax
Got 1 Reply
Income Tax
A client has a contract with an advertising agen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cy, the agency incurrs the expenditure and the same is reimbursed by the client. however the agency charges the commision which is shown in the invoice separately along with expenses to be reimbursed. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Please suggest that whether the commission amount will be subject to deduction U/S 194H or the whole billamount will be subject to deduction U/S 194C. Reply By khushbu mevawala: The Reply: We have .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to see first contract between these two parties client and adverising agency. If their relation exists on principal to principal basis then then whole ant inculing payment for advertisement and comm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... osion is laible to deducted u/s 194C . But if between these parties prncipal and angent i.e one sided relationship exists then commision ant is liable u/s 194H by : Khushbu V. Mevawala
Discussion .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X