For Generator Hired, Tax is to be deducted at 2% under Sec 194I.
What about the Incidental Expenses related to that Generator which is Invoiced seperately? Whether TDS is to be deducted on the same? If Yes, then under what Section?
Thanks,
Sanjeev
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Clarification required on sec 194 i for generator exp
Replies (1)
Generally T.D.S is to be deducted on Gross amount charged on Bill. When two bills are raised seperately i.e one for Service charge and another for Reimbursement of expenses,T.D.S is to be deducted on Service charge only. When a single bill is made for both reimbursement of expenses and service charge, deduct T.D.S on entire bill amount excluding service tax levied.
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