02 June 2016
I have receive a work contract invoice form 'M/S Astam Vasu Interior Pvt. Ltd.' an Interior designer firm. In the invoice all details are mentioned i.e material charges, service charges, labour charges etc. Also they have charged work contract tax on whole value and service tax on 70% value. Please tell me on which rate TDS should be deducted on that invoice.
02 June 2016
What is important is what P.O. you have given to them and duly accepted by the said contractor. It will decide the TDS, if any u/s 194C or 194J Or partially both. Please check your P.O. and accordingly take the call.
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