TDS on purchase of asset with installation
This query is : Resolved
Jitender Garg
(Querist)
20 February 2008
Hello EXPERTS,
ABC Pvt Ltd place a order for supply of Hydropnuematic System. One of the terms of P.O. is that Installation, Testing & Commission of system will be carried out without any extra cost.
Now my query is that wether we treat it as composite order including installation i.e TDS will be done
OR
TDS will not be done as installation is free of cost along with supply of Hydropnuematic System.
ABC Pvt Ltd place a order for supply of Hydropnuematic System. One of the terms of P.O. is that Installation, Testing & Commission of system will be carried out without any extra cost.
Now my query is that wether we treat it as composite order including installation i.e TDS will be done
OR
TDS will not be done as installation is free of cost along with supply of Hydropnuematic System.
S.Srinivasaraghavan
(Expert)
20 February 2008
No TDS arises if installation is free of cost
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