TDS on Fixed Assets purchased
This query is : Resolved
06 October 2026
Hi,
if we buy some furniture or assets for our office/store and the furniture provider charged Freight, packaging, installation on that bill (no seperate bill for all these) then we should deduct TDS on gross bill or only on total of Freight, packaging, installation?
if we buy some furniture or assets for our office/store and the furniture provider charged Freight, packaging, installation on that bill (no seperate bill for all these) then we should deduct TDS on gross bill or only on total of Freight, packaging, installation?
06 October 2026
If Section 194Q applies (turnover > ₹10 Cr and seller purchases > ₹50 Lakh), TDS @ 0.1% must be deducted on the gross invoice value (inclusive of freight, packaging, and installation charges, but excluding GST if listed separately).
If Section 194Q does not apply, no TDS is required on the purchase bill or its ancillary charges under Section 194C, as it is a single composite bill for the purchase/supply of goods.
If Section 194Q does not apply, no TDS is required on the purchase bill or its ancillary charges under Section 194C, as it is a single composite bill for the purchase/supply of goods.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- GSTR-9C filing
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- Royalty payments to the Mining Department for procurement of murum - GST input
- Advances to related party
- GST ITC as per notification 12/2023- central tax
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
