TDS on composite Contract 194C
This query is : Resolved
CA. Rahul Dwivedi
(Querist)
23 December 2019
Dear Sir,
We have given composite contract for 'providing & applying Thermoplastic paint" , and the contractor has given us the composite invoice with no bifurcation of materiel & labor. Just want to know whether sec. 194C will be applicable.......?
Kindly advice
Thanks
We have given composite contract for 'providing & applying Thermoplastic paint" , and the contractor has given us the composite invoice with no bifurcation of materiel & labor. Just want to know whether sec. 194C will be applicable.......?
Kindly advice
Thanks
Gokul Sharma
(Expert)
23 December 2019
yes ........tds to be deducted on full invoice value.
if bifurcated then only on labour not in material.
if bifurcated then only on labour not in material.
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