GAS CHARGES UNDER TDS OR NOT
This query is : Resolved
28 August 2008
MY COMPANY GIVEN AMC TO A COMPANY FOR REPAIR AND MAINTENACE OF A/C . WE CHARGE TDS ON THE SAME. NOW THE PARTY GIVEN US BILL FOR GAS CHARGES , I JUST WANAN KNOW THAT SHOULD WE DEDUCT TDS ON THE SAME OR NOT . PARTY CROSS THE LIMIT OF 50000/-TILL TODAY. PLEASE LET ME KNOW SHOULD I DEDUCT TDS OR NOT . WITH LOGIC.
28 August 2008
Repair maintenance contracts are covered under the 194C and tds basic rate is 2 %,from your query one thing is not clear whether supply of gas is part of your contract or not or just while giving service the service provider pointed out that the Gas is also required and if you want to buy it we will serve you...
so ,If it is part of your service contract or AMC then tds should be deducted on it.As per section 194 C tds should be deducted on any amount paid to contractor
but if it is not part of contract then it can be categorized as purchase contract and can be dealt separately then the original and no tds is deductible ..so I have given you different solution for each solution with the reason ,now you can take ur decision
so ,If it is part of your service contract or AMC then tds should be deducted on it.As per section 194 C tds should be deducted on any amount paid to contractor
but if it is not part of contract then it can be categorized as purchase contract and can be dealt separately then the original and no tds is deductible ..so I have given you different solution for each solution with the reason ,now you can take ur decision
20 June 2023
"Sorry, I am not a featured member."
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
For featured members contact....
https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Dep. as per companies act
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- CHECK RELATED
- SALARY CAN BE CAPITALIZE
- Tax rate change regarding
- FAST-DS Scheme - Foreign Assets
- GST Intimation due to Government took possession of Business Premises under PPE Act
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
