Tds

This query is : Resolved

Nikul Vasani (Querist)
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08 January 2015 Hello

Please guide me on following issue.

X (p) Ltd. done a contract with A (P) Ltd. for work of DESIGN, ENGINEERING,
MANUFACTURE, SUPPLY, PROCURE,
TRANSPORTATION, STORAGE, INSURANCE,
ERECTION, TESTING AND COMMISSIONING.

and A (P) Ltd. issue one invoice which bifurcate all above work with respective amount.

So, guide me whether TDS is deducted in which section(i.e. particular work for particular section all in one 194C)

Please Supported with any judgement or circular or notification or any thing else.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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08 January 2015 yes u need to check section 194C- DEFINITION of works contract under explaination to said section.

Nikul Vasani

Nikul Vasani (Querist)
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08 January 2015 Yes but A(P)Ltd. also provide design and engineering service along with same contract than what?

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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08 January 2015 for all techinical and professional service as provided u need to refer sec 194J as u have told above seperate bills are issued then check them sectionwise.