regarding income tax


This query is : Resolved 

(Querist)
09 November 2010 under which section TDS will apply on erection, commission and insatllation ?

Ramesh (Expert)
09 November 2010 Section 194C will be applied.
As per provisions of Income Tax Act, any person responsible for paying any sum to any resident contractor for carrying out any work in pursuance of contract between a specified person and the resident contractor is required to deduct tax at source.
Rgds,
Ramesh

09 November 2010 194C

kumar (Querist)
09 November 2010 we have given contract for erection, commissioning and installation for new crane purchased.

09 November 2010 Still same answer.


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