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Tds on installation charges

Others 2053 views 5 replies
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13 Points Posted on 20 January 2019
Purchased machinery for Rs. 131000 such as Rs. 100000 for machine and 31000 for installation charges in single bill.
on what amt Tds should be deduct
ed on total amount or only on 31000?
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On 20 January 2019 at 17:48 Report
Replies (5)
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Article
698 Points Posted on 20 January 2019
TDS should be applicable on 31000 as remaining amount represents purchase price
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On 20 January 2019 at 18:59
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CA
3430 Points Posted on 20 January 2019
tda deducted on 31000
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On 20 January 2019 at 21:55
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Manager
263 Points Posted on 21 January 2019
As query raised by Mr. Gurtej singh, TDS will be deducted on Rs 131000/-
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On 21 January 2019 at 15:34
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Article
698 Points Posted on 21 January 2019
I think that should be the case if single amount is charged for entire work.. in that case we can consider it as work contract.. but here separate amount is charged for both machine and installation
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On 21 January 2019 at 15:54
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Qualified chartered Accountant
21 Points Posted on 22 January 2019
If they are separate bills then onlyon installation.. You have to deduct the tds.. If both are in same bill then you have to deduct tds on entire 1.31lacs
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On 22 January 2019 at 13:05


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