Tds on contract bill

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2015 Dear experts
the contractor has given single bill for contract as below under....

materials portion 600000
14% vat 84000
service portion 400000
5.6% ST 28000

total bill rs. 11,12,000/- i want to know should i deduct TDS on 10,84,000/- (materials+vat+service portion) excluding ST.
plz confirm how much TDS is to be made on this bill....

thanks & regard
vikram saahu

13 September 2015 Deduct TDS on service portion.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 September 2015 Dear sir
some tax expert has said we should deduct tds on materials, vat, and on service portion because contractor has issued the only single invoice....

plz clarify...

13 September 2015 See the provisions of section 194C (3) (i) & (ii) it is clearly mentioned.


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