Tds section

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Under which section [ 94 J or 94 C] TDS deducted for  ANNUAL MAINTAINCE CONTRACT (AMC) from  period 01/06/2014 to 31/05/2015 for Machine  purpose  , which invoice shown below:

ABA INDIA (P) LTD.
 
TO NILOY
SERVICING INVOICE
ANNUAL MAINTAINCE CONTRACT (AMC) from  period 01/06/2014 to 31/05/2015     Rs. 78000.00
Add: Service Tax ( 12.36%)                                                                                   Rs.   8764.00
TOTAL  VALU OF INVOICE                                                                                   Rs. 86764.00    
 
Replies (16)

194C, as it related works

Under 194C & on Rs. 78000 it will be deducted

Normal maintenance contracts which includes supply of spares will be covered under section 194C. However, where technical services are rendered, the provision of section 194J will apply in regard to tax deduction at source. Circular: No. 715, dated 8-8-1995.

194C will attract as it is nominal maintenace contracts

u/s 194C ------- 2% or 1%

tds u/s 194C @ 2% will be deducted. if you are registered with service tax dept. then deduct tds excluding s.tax amt and claim s.tax paid as input credit or else deduct tds on whole amt including s.tax.

194c - 2or 1% will be applicable

 

2% because deductee is a company...

Hi  all

how to Paid the TDS ( that mean Which Favour I will make the Cheque for TDS on Labour Charges, TDS on Rent, TDS on Technical Services, TDS on Salary Please Help me Sir ?  Our Company Pvt Ltd

For instatnce if the AMC related to Centralised AC Maintenance for the year. If something went wrong in the AC unit, the problem will be attended by the AC mechanic from the contract company. So the AC mechanic is a Technical Guy. 94J clearly says "professional or technical services provided". So it considered by the nature of AMC.

Hi sir

Please Explain Me About ( TDS ) like TDS on Salary, technical srvices, rent , security services, Labour Charges , How to deduct In which % percentage how Paid , Filed and How to issue the Certificate

@ ksamy.... you can pay tds online through tin nsdl website.

Hello Sir,  

If you want to pay TDS, You need to fill all details in TDS challan along with TDS Code 194(C)

 

IF you want to by cheque at your bank, you need to write at cheque " Yourself - TDS Account"

 

IF from other bank you need to write "Bank Name(where you depositing) - TDS Account"

 

Or you can pay Online by TIN-NSDL Site.

Thank you for Information sir, TDS Cheque deposited in which bank sir in coimbatore

 


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