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Tds of combined bill

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Hemendra Negi

47 Points Posted on 10 May 2023

Hi,
we got combined bill from carpenter
purchase of goods + service charges. can tds will applicable total bill or only service charges.

1 table fan × 1500
service charges - 500
total invoice amount -2000

Replies (5)

Quick Summary

This discussion clarifies the applicability of Tax Deducted at Source (TDS) on combined bills for goods and services. For a carpenter's invoice including goods and service charges, TDS is generally only applicable to the service charges portion. This is contingent on the service charges exceeding the relevant threshold limits, which are £30,000 for a single bill and £100,000 annually for office or company use.

NARENDRA

ACCOUNTS MANAGER

1041 Points Posted on 10 May 2023

First of all it is not crossing the threshold limit............ , whether it is used for office or company use ?? if yes & once if it crosses 30000 in a single bill then you can deduct tds & that is only for service charges .

Hemendra Negi

47 Points Posted on 10 May 2023

It's office used only and carpenter is correct basis total annual billing going around 5 lac

NARENDRA

ACCOUNTS MANAGER

1041 Points Posted on 10 May 2023

You can deduct tds but only for service charges ................ if it crosses the threshold limit of 30000 in a single bill & 100000 annually .............