TDS provisions applicable in case of composite contract.
This query is : Resolved
Urmila Nimbalkar
(Querist)
14 December 2010
Can any one help me on, that on what amount tds will be deducted in case of contract given for some work and in particular contract material is supplied by contractee by purchasing from some third party ?
Pls help me out in case contract is for A.Y. 2008-09.
Pls help me out in case contract is for A.Y. 2008-09.
CMA Ramesh Krishnan
(Expert)
14 December 2010
As per definition of work under Sec.194C, if the work done by the contractor as per specfication by contractee by the material purchased from the contractee
So in your Case TDS will apply, as per sec.194C
This definition inserted in Oct-2009. so before that all the contracts whether material supplied by the contractee and other will cover u/s.194C
So in your Case TDS will apply, as per sec.194C
This definition inserted in Oct-2009. so before that all the contracts whether material supplied by the contractee and other will cover 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
- EPF ECR NEW FILE SEP 17TH 2026
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Capitalgain tax purposes for valuation report compulsory
- SALARY CAN BE CAPITALIZE
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
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
