banner_ad

Regarding tds-works contract

TDS 673 views 3 replies

Hi I am Vijayalaxmi please let me know immediately..!

I have to deduct TDS on Works contract for Individual(Carpenter). He is giving a bill which is inclusive of material which I cannot seperate the labour and material. Now here I have small doubt about it. Should I take the Total bill amount for TDS deduction or should I seperate the labour charges and deduct the TDS? Please let me know soon.

Thank you

Replies (3)
No no you need to deduct the TDS on entire bill. Note further that if u r an entity than u need to submit the service tax also under reverse charge as pet rule 2 (1) (d). Total bill- 100 Rate of service 70%(actual rate provide in rule) So service 70 now 50% of above need to deposit as service tax
Sorry 50% on which u need to deposit the service tax.

You have to deduct TDS on full bill value.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details