We have purchased machinery and as vendor issued invoices one by one i assumed that the machinery is inclusive of installation so i deducted TDS u/s 194C . Now later on they issued separate invoice for installation .
So what to do ?
Should I deduct TDS u/s 194C or 194J for installation invoice & that too on what rate ? If I deduct TDS on installation then what to answer if they ask that why you deduct TDS on machinery invoices ?
13 March 2021
Sir that's true. But as initially only machines were supplied so i deducted TDS that time considering machinery + installation. So now what justification i shud give regarding deduction of TDS on Machinery invoices as Installation Invoice raised lastly after machinery invoices .
13 March 2021
Some times it will be considered as works contract and TDS made for the whole amount. It's not a problem let him claim credit in filing ITR.
CAclubindia
