TDS RATE FOR IMPLEMENTATION CAHRGES
This query is : Resolved
10 September 2007
UNDER WHAT SECTION THE IMPLEMENTATION CHARGES IS COMING (ERECTION WORK)
10 September 2007
Implementation charges means - Please explain the item clearly
10 September 2007
Erection work of what building or plant & machinery and who is providing hte services please clarify this
10 September 2007
is this the commissioning of the plant, please clarify
11 September 2007
if the contract specifies about implementation charges and payment is made against that,tds needs to be deducted @2% plus ed. and hr. ed. cess.if it is subcontract tds @1%plus above cess.
refer 194 c or 194j.
take into account different rates applicable
1.where the receipeint is individual/huf/aop or company .
2. also where aggregate of payment excceds Rs. 10 lacs or less.
DIRECT TAXES READY RECKONER WILL HELP YOU ASCERTAIN EXACT AMOUNT ONCE YOU ARE SURE ON THE NATURE OF PAYMENT AND CONTRACTED TERMS.REIMBURSEMENTS DONT GET TDS
C.A R.V.RAO
refer 194 c or 194j.
take into account different rates applicable
1.where the receipeint is individual/huf/aop or company .
2. also where aggregate of payment excceds Rs. 10 lacs or less.
DIRECT TAXES READY RECKONER WILL HELP YOU ASCERTAIN EXACT AMOUNT ONCE YOU ARE SURE ON THE NATURE OF PAYMENT AND CONTRACTED TERMS.REIMBURSEMENTS DONT GET TDS
C.A R.V.RAO
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Sec 44ada applicable only or both
- RELATED TO TRIBUNAL APPEAL
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- GST Rate for Catering Services
- Taxability of Partnership firm for FY 2025-26
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
