We have purchase / get service of Water Jars of 25 Ltr filter and cooled water by one day gap system.
Whether TDS is applicable on this transaction?
if yes, which section, percent and why?
Menu
TDS on Water Jars Provider Bills
Replies (3)
yes it covered under section 194c
Yes...
TDS for Water Supply Service, Income Tax. Tds is applicable on water supply. It shall be levied under section 194C (Payments to contractors and sub-contractors) of the Income Tax Act,1961
TDS for Water Supply Service, Income Tax. Tds is applicable on water supply. It shall be levied under section 194C (Payments to contractors and sub-contractors) of the Income Tax Act,1961
Yes Covered by Section 194C as these transactions has essence of of Contractual obligation.
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
