Tds
This query is : Resolved
Ravindra Kumar
(Querist)
16 July 2017
Dear sir/ madam
We signed a contact for soil excavation work (construction of pond). The contractor did the excavation work by JCB and raised the bill of Rs. 35,000.00. kindly suggest how much TDS we have to deduct.
In our other site we have hired JCB on hour basis i.e. Rs. 800/- per hour for soil excavation work. The contractor raised the bill of Rs. 45,000/-. Kindly suggest the TDS amount for hiring the JCB Machine
With regards
We signed a contact for soil excavation work (construction of pond). The contractor did the excavation work by JCB and raised the bill of Rs. 35,000.00. kindly suggest how much TDS we have to deduct.
In our other site we have hired JCB on hour basis i.e. Rs. 800/- per hour for soil excavation work. The contractor raised the bill of Rs. 45,000/-. Kindly suggest the TDS amount for hiring the JCB Machine
With regards
CA S K MISHRA
(Expert)
16 July 2017
As per your 1st query, TDS on works contract ( Sec 194 C), rate 1% or 2%( Company /firm)
TDS on your 2nd query, 194-I, it is 10%
TDS on your 2nd query, 194-I, it is 10%
Ravindra Kumar
(Querist)
16 July 2017
Thanks sir
Kindly inform the exemption limit of TDs in both cases
Reagrds
Kindly inform the exemption limit of TDs in both cases
Reagrds
27 July 2025
https://docs.google.com/document/d/1mbWy1fFUZBdg0bun6kbfAaYqkEs1HEGQnuuU8gHPiEk/edit?usp=sharing
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