We are pay 160000 for making office furniture to a person he has bill raised without GST
can I deduct TDS ? and what rate?
Menu
Tds on furniture making
Replies (6)
It involves the element of customisation and labour charge. Hence tds need to be deducted.
But it should be deducted only to the component of labour charge. However If labour charge not shown separately then on entire bill.
But it should be deducted only to the component of labour charge. However If labour charge not shown separately then on entire bill.
Are you having TAN number to deduct TDS .?.
Yes I have company TAN no
Yes, you are required to deduct TDS @ 0.75%
Okay Thanks
Furniture is your asset.. you don't need to deduct tds..
Recent Threads
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
Related Threads
CAclubindia
