Applicable TDS rates

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Abhishek Sharma (Querist)

07 June 2010 i just wana 2 kno, what will be the TDS rates if the interior decorator charges VAT and Service Tax, in the same bill, on certain fixed amount (say 67% of billed amount charged to VAT and 33% charged to service tax), do he fall under 194C or 194J? or both the rate 2% and 10% are applicable, that is 2% on amount charged to VAT and 10% on amount charged to Sevice TAX.

I am glad if any one can reply,

pls also mention the relavent provision of law

thanks

ABHISHEK SHARMA

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

07 June 2010 TDS TO BE DEDUCTED U/S 194J @10% SUBJECT TO THRESHOLD LIMIT OF RS.20000/-.
ASK HIM TO GIVE SEPARATE BILL FOR MATERIAL AND PROFESSIONAL CHARGES.
IF HE DOES NOT THEN DEDUCT TDS ON TOTAL BILL AMOUNT.

Message likes : 1 times

Pragnesh

Pragnesh (Expert)

11 June 2010 details are showing as this payment is falls u/s. 194C there fore dedcut TDS @ 2% and if bill amount is more than 5 Lacs then Deduct WCT as applicable rate.
Regards
Pragnesh

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