Dear Sir,
We are making a payment for Vehicle Repair purpose for Rs 82,000/- (Goods Vehicle)
So how much tds we will deduct and under what?
please suggest...
Tcs on motor vehicle threshold limit is ten lakhs and 10% applicable and normal goods purchases tds is 50 lakhs and above at 0.10%
| Originally posted by : Yasaswi Gomes new | ||
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Tds for purchase of motor vehicle threshold limit is ten lakhs and 10% applicable and normal goods is 50 lakhs and above at 0.10% |  |
Yes, You are right for purchase of MOTOR VEHICLE
But, The Query is Vehicle Repairs and Maintenance...
So, Ten percent TDS not applicable.
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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