TDS on Consolidated Bill of Material & Labour
This query is : Resolved
08 December 2008
Dear all, Could you please help me out on this with references or section wise. My query is if we get a single bill of repair & maint and there is specific writen about labour and material/parts, should we deduct the TDS on whole bill amount or we can deduct on on labour. Please give some ref also.
Thnks & Regards
Thnks & Regards
08 December 2008
If single bill is raised for both material and labour then TDS needs to be deducted on the whole amount of bill.
08 December 2008
You should deduct TDS on the whole amount of Bill.
08 December 2008
Sir but What is correct way. yes for safer side we shoud deduct on whole amt. But if the material is Rs. 18 Lac and labour is rs. 1 Lan thn TDS on whole amt even after specifing separatly would be justified?
08 December 2008
MUKESH YOU ARE RIGHT....!
IF IN A SINGLE BILL LABOUR AND MATERIAL BOTH ARE SEPARATELY SPECIFIED THEN IN MY OPINION THE TDS WILL BE DEDUCTED ON LABOUR PART ONLY AND NOT ON THE WHOLE AMOUNT.
IF IN A SINGLE BILL LABOUR AND MATERIAL BOTH ARE SEPARATELY SPECIFIED THEN IN MY OPINION THE TDS WILL BE DEDUCTED ON LABOUR PART ONLY AND NOT ON THE WHOLE AMOUNT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- ADVANCE PAYMENT OF ADVOCATE
- Eway bill not cancelled within 24 hous what can be due
- Filling ITR - U
- TDS ON EMAIL DOMAIN SERVICE BILL
- Non-Compliance documents have not been submitted by the contractors debited
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
