our service provider invoied a service bill particular are- repair expertise-inspection -rentel charges -Flight charges -small tool purchase -Travel Conveyance -one combind invoice . we have deducted 10% tds .but service provider not agreed could you sugget please.
14 February 2013
show him case of Delhi Bench of Income Tax Appellate Tribunal in ITO v. Dr. Willmar Schwabe India P Ltd 2005 and circular no 715 dt 8-8-1995 on full amount TDS will be deducted and I think in your case 194C will be applicable 2% because repair charges and tool charges but please check, it must not be service which is to be included in technical service
CAclubindia
