Tds on watchman salary for housing society

chandu (Querist) 25 June 2012 This query is : Resolved
Is tds deduction applicable for housing society for watchman Rs. 12000/- per month .
is any exemption for housing society for not to deduct tds on watchman salary.

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Guest (Expert) 25 June 2012
Do you feel that his salary of Rs.12,000/- pm falls within the taxable range of income?

chandu (Querist) 25 June 2012
sir, we are paying to contractor a security agency owner.

Guest (Expert) 25 June 2012
In that case your own question is wrong. How you are concerned with the payment to a watchman by the security contractor?

You could have asked a question about TDS on payment to the security contractor not to the watchman. But, the question arises, how much is the total contract payment you are supposed to make every month and every year to the contractor?

chandu (Querist) 25 June 2012
sorry sir,
pl reply

M/s. Y-not legal services (Expert) 25 June 2012
state full facts about your case sir..

-y.not legal services-

A V Vishal (Expert) 25 June 2012
You have to deduct tax @ 2% u/s.194C

Raj Kumar Makkad (Expert) 25 June 2012
I fully endorse the opinion of Vishal.

C. P. CHUGH (Expert) 25 June 2012
Before answering blank, many issues are to be determined like a) Whether Society is having TAN b) Whether Society is an assessee having PAN c) Whether Society is engaged into any kind of business activities. If the answer to all the three questions is YES, Society is liable to deduct tax under section 194C and the rate applicable at present is (i) if the payment is being made to an Individual @ 1% (ii) otherwise @ 2%.

Adv.Ashwini Khatri (Expert) 26 June 2012
Mr.Chandu If your Housing Socity is registered than TDS must be deducted on payment to contractor at the rate of 1%(If contractor is Individual or HUF) Otherwise 2% (In any other status of contractor).

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