08 June 2012
on what amount TDS is to be deducted u/s 194C when the vendor riases bill as Labour charge....Material charge.....and Service charge. whether TDS is to be deducted on Net amount (Labour + Material + Service or Gross amount (Labour + Material.)
08 June 2012
It will depend upon the type of contract. With material contract.... deduct TDS on entire amount. With Labour contract.... On labour charges.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
08 June 2012
Actualy it is contract of Supplyn of labour force as peon n pantry boy etc..