Tds on repairs & maintenance
This query is : Resolved
17 April 2015
PLEASE TELL ME THE TREATMENT OF TDS UNDER 194C :
1. REGULAR AMC FOR VEHILCE MAINTENANCE
2. NO SUCH CONTRACT BUT THE WORK IS DONE FROM MOSTLY FROM SINGLE PARTY.
THEN IN BOTH CASE :
1. CONSOLIDATED BILL IS RAISED.
2. ITEM AND SERVICE MENTIONED SEPARATELY IN BILL.
THANKS
1. REGULAR AMC FOR VEHILCE MAINTENANCE
2. NO SUCH CONTRACT BUT THE WORK IS DONE FROM MOSTLY FROM SINGLE PARTY.
THEN IN BOTH CASE :
1. CONSOLIDATED BILL IS RAISED.
2. ITEM AND SERVICE MENTIONED SEPARATELY IN BILL.
THANKS
17 April 2015
1. yes u/s 194C
2.yes
but in both cases the threhold limit must be exceeded u/s 194c
tds is deducted only on labour charges and not on materials.
2.yes
but in both cases the threhold limit must be exceeded u/s 194c
tds is deducted only on labour charges and not on materials.
17 April 2015
1. Deduct TDS U/s 194C
A. On consolidated bill
B. On Service Charges Amount only
2.Advised to Deduct TDS U/s 194C
A. On consolidated bill
B. On Service Charges Amount only
You may refer Section 194C(3)
A. On consolidated bill
B. On Service Charges Amount only
2.Advised to Deduct TDS U/s 194C
A. On consolidated bill
B. On Service Charges Amount only
You may refer Section 194C(3)
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