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About TDS

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(Querist)
01 June 2011 Dear experts,

Is TDS is applicable on works contract,

i.e. If a company takes construction work and sub-projects the work to other construction firm then whether TDS is payable on such Sub-Project work contract.
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Kumar Babu.G

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Kumar Babu.G (Expert)
01 June 2011 Yes TDS is apllicable on works contract.
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Vivek Mehta (CA, DISA,CS, MBA)

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Vivek Mehta (CA, DISA,CS, MBA) (Expert)
01 June 2011 Yes TDS is applicable on Works Contract u/s 194C and since it is sub contract the rate of TDS will be 1%




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