banner_ad

TDS on works contract

TDS 654 views 2 replies

We have given AMC for Machinery. The party given us two seperate bill as under

1. Annual Service Charges - Labour        80000 +  S.Tax     8240/-  = 88240/-

2. Parts sale under AMC Contract            120000 + Works contract Tax 15000/-  = 135000//-

My question is, TDS to be deducted only on labour charges i.e 88240/- or on full amount of Rs. 223240/-

Thanks 

Replies (2)

TDS WOULD BE DEDUCTED ON LABOUR CHARGES ONLY
 

In this case TDS (Contractors) will be Rs 1764.8 and the TDS (WCT) will be Rs 15,000 as per given Information of charge 12.5%. on Rs 120000. 


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 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details