Repairing Bill are there for one full year of Rs.2,00,000/-
Does TDS to be deducted on Repairing Bill ?
If yes then How much ?
Bimal Mehta (Senior Accountant & finance managerial) (180 Points)
27 August 2010Repairing Bill are there for one full year of Rs.2,00,000/-
Does TDS to be deducted on Repairing Bill ?
If yes then How much ?
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 27 August 2010
If only material purchased then no. Otherwise
Maintenance contracts - Routine maintenance contracts including supply of spares would be covered under section 194C. However, where technical services are rendered, the provisions of section 194J will apply in regard to tax deduction at source—Circular : No. 715, dated 8-8-1995.
Electrical contracts - Where the services of a regular electrician are engaged on a contract basis or the services of an electrician are provided by a contractor, the payments made to the electrician or the contractor will be in the nature of payment made in pursuance of a contract for carrying out any work, and provisions of section 194C will apply in such cases—Circular : No. 715, dated 8-8-1995.
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