TDS RATE FOR IMPLEMENTATION CAHRGES

This query is : Resolved

Share Report Follow Query Ask a Query

Narayana

Narayana (Querist)
Follow

10 September 2007 UNDER WHAT SECTION THE IMPLEMENTATION CHARGES IS COMING (ERECTION WORK)

CA Mani

CA Mani (Expert)
Follow

10 September 2007 Implementation charges means - Please explain the item clearly

Nitesh

Nitesh (Expert)
Follow

10 September 2007 Erection work of what building or plant & machinery and who is providing hte services please clarify this

CMA Gul S

CMA Gul S (Expert)
Follow

10 September 2007 is this the commissioning of the plant, please clarify

R.V.RAO

R.V.RAO (Expert)
Follow

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Leena

Soumitra Patra

Anirudh Sharma

Mahasweta Deb

Michael & Co.

Subscribe Now

TDS RATE FOR IMPLEMENTATION CAHRGES

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA