banner_ad

Tds u/s 194c for maintainance contract along with comsumable

TDS / TCS 1458 views 5 replies

   


 

Tds maintainance contract charges with parts and consumable


OUR CLIENT HAVE MADE A CONTRACT WITH ABC LTD MAINTAINANCE OF PLANT. ABC LTD GIVES THE BILL IN FOLLOWING FORMAT.

CONTRACT CHARGES------------------362653
SERVIVE TAX @ 12.36% ---------------44825
VAT @ 5% ON 80% ON TOTAL CHARGES---14506
TOTAL BILL AMT--------------------421983

WHETHER TDS WILL BE DECUCTED ON THIS BILL OR NOT ? IF YES THEN ON WHICH AMOUNT.

PLEASE QUOTE RELEVANT PROVISION, CIRCULARS WITH YOUE ANS.

 

Replies (5)

Yes TDS will be duducted under section 194C on total amount of bill.

 

Agree With Sunny... TDS will be Deduct on Total bill amount i.e. 421983/-

Originally posted by : SUNNY AGGARWAL

Yes TDS will be duducted under section 194C on total amount of bill.

 

TDS would be made on the whole of the bill amount i.e.421983.  The provision of 194C says that 'Any Sums paid'.  so whole of the bill amount would be considered for TDS.

Dear ,

Question 29 : Whether a maintenance  contract  including supply of spares would be covered under section 194C or 194J of the Act ?

Answer : Routine, normal  maintenance  contracts  which include supply of spares will be covered under section 194C. However, where technical services are rendered, the provision of section 194J will apply in regard to tax deduction at source

 

Refer link ....

https://182.18.182.2:8088/cbdtforprsite/fileopencontainer.aspx?Page=GLOBAL&id=1995080800071510&path=\Circulars\CBDTLaws\HTMLFiles\sec194C_715_95.htm&SearchWord=tds%7e0%24%24tdses%7e0%24%24routine%7e1%24%24routines%7e1%24%24normal%7e2%24%24normals%7e2%24%24maintenance%7e3%24%24maintenances%7e3%24%24contract%7e4%24%24contracts%7e4

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details