banner_ad

Accounts

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 December 2014 Can i deduct the tds on motor boat expenses?
exp like remote assembly,oil, filter, engine oil, gear oil,spark plug,sail rop navigation light, mass wiring, water ampller etc. invoice amount is Rs.64926/-
please suggest me asap.


Thanks for ur valuable advice & guidance.
Profile Image

CA Devanand Jethanandani

Profile Image

CA Devanand Jethanandani (Expert)
12 December 2014 If you have not received any service and it is bill of purchase of the mentioned items then you need not to deduct tax.

If you have received service under contract and there is separately mentioned amount of service and the items purchased then TDS will be deducted on the service portion only u/s.194C however if there is no separate amount mentioned then TDS will be applicable on whole amount (on amount excluding service tax)

For your information,
Thresh hold limit u/s. 194C is amount paid or payable exceed RS.75000 during the year or if single bill exceeds Rs.30000
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
15 December 2014 YOU CAN DEDCUTED TDS U/S 194C ON LABOUR EXP. IN BILL RS. 30000/- IN SINGLE BILL
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details