Tds on contract
This query is : Resolved
16 June 2016
Company A made a contract with Company B, But the Company B break the contract before the work complete and Company C is taken the contract for remaining works. Company C is giving the bill to Company A for the work which is actually done by Company B as decided by company B and company C. To whom company A deduct TDS
16 June 2016
as per law when you make payment or credit the a/c of party whichever is earlier you have to deduct the tds . for that you have to take the bill, who make the work, and deduct the tds. if you get bill from another then you have to deduct the TDS of bill vendor u/s 194C.
16 June 2016
TDS deduction is based on payment or accrual basis. Thus whichever party raises bill and whom the payment is made, TDS has to be deducted on that party
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
- TDS Deducted AY-2013-14 Not Reflected in 26as
- NRI starting business in India
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Capital gain on sale and purchase of plot
- CREDIT NOTES WITHOUT GST
- Condonation . E-Verification of last year return .
- Eway bill generation from place other than registeted
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- 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
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
