Tds on sale of material
This query is : Resolved
Ruchi Agarwal
(Querist)
03 July 2014
Is TDS be deducted on sale of material?????? or shall the tds be deducted on supply of labour services only??
Sandeep Dharar
(Expert)
03 July 2014
It likes to b a Works Contract u r asking about. TDS will b applicable on labour service only and not on material part.
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Rupesh Jain
(Expert)
03 July 2014
tds will deducted on labour exp. u/s 194C
@1% for individual/ HUF or 2% for other than individual/HUF.
@1% for individual/ HUF or 2% for other than individual/HUF.
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