Tds u/s 194c
This query is : Resolved
05 May 2014
hello
i want to know whether tds to be deduct or not?
i am working in a co where we had given contract for construction of seed plant which amounts to rs.60 lakhs. All the material and labour are arranged by the contractor we pay a lumpsum amount by way of instalments
is tds to be deductable on this transaction as the transaction covers under the defnition of works contract?
but the material and labour are arranged by contractor himself?
finally if tds deductable on what amount i.e., whether on contract value 60 lakhs or value excluding material
thanks & regards
Avinash
05 May 2014
it will be on the contract value i.e gross amount tds will be applicable.
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
- Section 270A penalty
- GSTR 1- Amend Credit Note
- Supply to unit situated in SEZ
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- Tax liability on gift amount given to blood relation
- TDS AFTER SUBMISSION OF 15G OR H
- Gst registration rule 14A
- TDS- defaults - old period ie. F.Y. 2012-2013 etc, etc
- Reimbursement of expense- GST applicable or not
- Acting as an Agent
- GSTR 9C- Table 9
- GST Registration Application -Rejected
- Problem in filing Returns for International workers in EPFO
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
