Tds 194c on electricity charges
This query is : Resolved
12 December 2015
Dear All
Suppose A ltd is having a C&F in Kolkata .A vendor say B is raising bills on A ltd towards electricity charges say @ 12 per unit on the basis of a sub meter.This is towrds electricity connection provided in d C&F.
The vendor is not charging Service tax also.
so is A ltd required to deduct TDS on paymnts made to the vendor ?
Not sure but i think 194C will attract here.
please give your expert views.
Thanks in Advance
Raj.
12 December 2015
If vendor provides Biil of Electricity for full amount and take Reimburshment for the same than TDS Should not be deducted,
In your case TDS Should be deducted U/s 194C because vendor is charging Electricity charges on the basis of Sub Meter & Over and above of Bill AMount
In your case TDS Should be deducted U/s 194C because vendor is charging Electricity charges on the basis of Sub Meter & Over and above of Bill AMount
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