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Tds

This query is : Resolved 

20 September 2012 One of my supply interior & decorative srvice he raise the bill with vat & service tax against service & material provided to our company what % tds should be deducted. I have deducted TDS @10 % on bill amount u/s 194 j Is correct. if not what rate & under which sec.

20 September 2012 INTERIOR DECORATIVE SERVICE IS A PROFESSIONAL SERVICE IT IS COVERED U/S 194 J

20 September 2012 yes. interior decoration designing is professional nature so TDS will apply 10% on gross bill value.

20 September 2012 194J talks about the income and hence the income tax TDS be made on the NET amount.


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