Tds on purchase of spare parts for vehicles
This query is : Resolved
12 December 2016
Our vehicles (4 wheeler) are used for providing services to Banks in PAN India. Generally the vehicles r required to change spare parts for maintenance purpose. Is TDS are deductible from the bill of vendors who r engaged to repair the vehicles. Pls advice.
12 December 2016
TDS applicable u/s 192c in respect of payment for repair of vehicle including spares.
12 December 2016
If billing by the Vendor is billing separately for spare and repair charges, then TDS is deductible only on repairing charges.
12 December 2016
Section 194C will be attracted. Ask vendor to submit separate bill for spares. Then TDS will be deducted only on Maintenance Charges. No TDS on bill of spares. If consolidated bill is given then TDS to be deducted on total amount.
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