Simple but Complicated 194C
This query is : Resolved
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 ?
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 ?
18 March 2008
if it is a consolidated bill, you have to deduct tds on gross amount.
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
R.V.RAO
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 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Regarding Applicability of Tax Audit u/s 44AB
- Consolidated financials
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- TDS on TRUST
- Section 50-fixed asset-->building ceases to exist
- 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?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
CAclubindia
