T.d.s on maintenance charges

This query is : Resolved

Suresh M.Moolya (Querist)
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13 September 2013 We are receiving a bill on quarterly maintenance charges from the society and they are levying service tax @ 12.36% on the said maintenance charges.

In this case are we liable to deduct T.D.S on the maintenance charge so raised. If yes, then at what is the rate and section of T.D.S to be deducted?

Ganeshbabu K

Ganeshbabu K (Expert)
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13 September 2013 TDS Applicable under section 194C,,
.
.
@ 2% for companies and partnerships payees
@1% for others payees

tds is to be deducted and deposited on amount including service tax

threshold limit to deduct tds: 30000 in single payment and 75000 credits in financial year

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