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
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.
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