Tds


This query is : Resolved 

19 March 2014 hello, my query is that a govt. co. given a tender to a party (let us call 'x') for supply & fixing of window fashion vertical blinds. after completing the work x has given bill as 3500 sqm * rate 40 amounting to rs 140000 & charged vat. there is no separate agreement between company & x. whether tds should be deducted while making payment to x. if yes what is the rate?

19 March 2014 deduct under 194C. rate shall depend on whether party is proprietor or otherwise.


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