Liablity of Tds on Composite bill in works contract service
This query is : Resolved
02 September 2008
Hi
In works contract service, a person( contractor) constructs a building for Mr.A wherein material ( Rs 10,000)and labour( Rs.6,000) was supplided by the contractor for construction of building .
So if Contractor issues a bill( i.e one bill) for his service in which he bifercates his expences of material and labour seperately . On which amount T.D.S will be deducted
a) On Rs. 16,000 (i.e total value of bill)
b) On Rs 6,000 ( only labour)
Thx
Shweta
Hi
In works contract service, a person( contractor) constructs a building for Mr.A wherein material ( Rs 10,000)and labour( Rs.6,000) was supplided by the contractor for construction of building .
So if Contractor issues a bill( i.e one bill) for his service in which he bifercates his expences of material and labour seperately . On which amount T.D.S will be deducted
a) On Rs. 16,000 (i.e total value of bill)
b) On Rs 6,000 ( only labour)
Thx
Shweta
Amit Dhanurdhari
(Expert)
03 September 2008
Rs 6000.
Aman Mirza
(Expert)
06 September 2008
tds will be deduct Only on labour/service charges i.e 6000
06 September 2008
Sir,
can you prove your answer for liablity of Rs 6000 via any section. as there are different answers from different persons.
thx
shweta
Sir,
can you prove your answer for liablity of Rs 6000 via any section. as there are different answers from different persons.
thx
shweta
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