Tds on warranty reimbursement
This query is : Resolved
19 October 2013
We are two wheeler manufacturing company and having various dealers across the India. On the basis of company’s policy, Dealers replaces warranty parts and claim from the company {part(s) cost + labour charges}. Accordingly company pays to dealer (Part cost + labour charges) thru credit Notes.
My doubt is whether TDS applicable on warranty reimbursement or not. If yes, tds will be deducted on which amount only labour charges or whole amount (including part cost).
Please suggest us with relevant Case law/notification.
My doubt is whether TDS applicable on warranty reimbursement or not. If yes, tds will be deducted on which amount only labour charges or whole amount (including part cost).
Please suggest us with relevant Case law/notification.
19 October 2013
Warranty replacement of parts are supply nature it will not attract TDS, but TDS will apply on labour charges. need to deduct. however the credit note is raised together for part & labour charges then TDS will apply on total value u/s.194C
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
- Fixe term employment
- Is any professional CA is here please reply
- Experts need help
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
