Legal Articles “THE LAW ON TDS” October 8, 2012 / October 8, 2012 by Anumita Sarkar | 7 Comments on “THE LAW ON TDS” Anumita Sarkar SECTION-194C “THE LAW ON TDS” As famously said by Albert Einstein, “The hardest thing in the world to understand is the income tax”, the provision of TDS is “the source of income for purposes of the income tax” & one of the most controversial & litigated provision is Sec-194C incorporated under Chapter-XVII-B of the […] Read more » 1961 COMPOSITE / INDIVISIBLE CONTRACT DIVISIBLE/ SEPARATE AGREEMENT CONTRACT OF SALE CONTRACT OF SALE CONTRACT Contracts for Sale of Goods DEBATE ON APPLICABILITY OF TDS Income Tax Act INDIVISIBLE CONTRACT POSITION OF A SUB - CONTRACTOR PROVISION OF SEC-194C REIMBURSEMENT OF EXPENDITURE scope of an advertising contract section 194C or 194-I SEPARATE AGREEMENT tax deducted for release of advertisements WORK CONTRACT