Tds opinion
This query is : Resolved
chirag thacker
(Querist)
30 May 2015
under which section Tds should be deducted on the service of installation and commissioning of machinery?
30 May 2015
under sec 194C subject to threshold limit in this section.
30 May 2015
TDS to be deducted u/s 194C if threshold limit is crossed.
Threshold limit:
Single Bill/Payment Rs 30000/-
Annual Total Rs 75000/-
Rate of TDS:
Individual/HUF @1%
Others @ 2%
No PAN @20%.
TDS to be deducted on amount excluding Service Tax.
Threshold limit:
Single Bill/Payment Rs 30000/-
Annual Total Rs 75000/-
Rate of TDS:
Individual/HUF @1%
Others @ 2%
No PAN @20%.
TDS to be deducted on amount excluding Service Tax.
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