Simple but Complicated 194C

This query is : Resolved

girish (Querist)
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18 March 2008 ABC ltd a manufacturing company dealing in sale of Vehicle spare parts. it is providing its machinery for basic operations to a contractor. who is using both labour and his saleable goods.He is even charging sales tax.

If it is a immovable property on which both labour work and sale of material is carried on then i need to deduct tax.

But in this case it is a movable item.Can ABC ltd needs to deduct tax ?

jegannath G

jegannath G (Expert)
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18 March 2008 if it is a consolidated bill, you have to deduct tds on gross amount.

R.V.RAO

R.V.RAO (Expert)
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18 March 2008 YES A SALE BILL DOES NOT ATTRACT TDS UNLESS THE SUPPLIER ALSO COMBINES LABOR BILL WITH IT AND GIVES A CONSOLIDARED BILL FOR TOTAL COST. NO DIFFERENCE OF MOVABLE OR OTHERWISE.
R.V.RAO

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