Dear All,
Eg; suppose the company’s vehicles are going for repair and maintenance and the person who providing us the service charging the bill which is as follows:
|
Spare parts |
1,50,000 |
|
Labour |
60,000 |
|
Total |
2,10,000 |
So my Question is at what amount we have to deduct TDS u/s 194C.
Is it Rs. 2,10,000 or Rs. 60,000? Further please mention if any case law you know regarding such case.
Thnx in advance
CAclubindia
