Tds on amc

This query is : Resolved 

21 April 2018 Whether TDS on AMC is deducted only service invoice or service and spare part both amounts.
plzz guide....

21 April 2018 It depends on the terms of contract or purchase order , if contract amount is
inclusive of spares then sec.194C will attract on gross bill amount.


21 April 2018 TDS to be calculated on Net invoice value.


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