IS TDS Should be deducted on Water Supply ?( From Private Party ). & Why ?
as per my knowledge, TDS should be deducted u/s 194c, cause charges includes transport charges. Pl correct me if i'm wrong
ya 194c will apply to this case
Yeah it will come under section 194C...
Hi Kashyap...
Tax will be deductible under 194C. The reason is water supplier can be considered as a contractor and therefore tax should be deductible.
Hi Kashyap...
Tax will be deductible under 194C. The reason is water supplier can be considered as a contractor and therefore tax should be deductible.
I Think TDS is not require to deducted. Section 194C is applicable for Contract for carrying out any work, and not for contract of supply.
Yes, i agreewith Mr. Bimal
it is not any kind of service/work, it is a sale.
Come on guys......... TDS is deducted under 192C if any contract exists.......... If a caterer provides continuous supply of food on the basis of a contract do u people mean to say TDS is not deducted as it is sale????????? TDS will be deducted.........
I agree with Priya, Tds Should Deduction u/s 194C because it's an contract between both the parties then after it's become a sale, so at the time of payment TDS Should be deduct.
i think you all should think on ground label reality. i am also making payment for a comapany to a water supplier he charge vat 12.5% on every jar of water there are also a agreement between my employer and water supplier. here TDS is not applicable because he is charging vat in his bill and not charging any type of service charge. TDS will not be applicabe if he not charging any service charge
| Originally posted by : Priya | ||
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Come on guys......... TDS is deducted under 192C if any contract exists.......... If a caterer provides continuous supply of food on the basis of a contract do u people mean to say TDS is not deducted as it is sale????????? TDS will be deducted......... | ![]() |
I want to add on if suppose you have contact for any car hire.......dont u deduct TDS u/s 194C??.....it is deductiable.....and more over in the section 194C it is mentioned to carry out any work and any work includes everything whether supply, sale or service.
Dear Atul,
Does any of your water bill exceeds Rs. 20,000 or combindely Rs. 50,000???? and if it is so then TDS will be deducted.
Dear Sudhanshu
One of my clients purchasing more then Rs. 50,000 worth water (Kinley Brand) from distributor of Coca Cola company do you think he should deduct TDS ?
You have mention that "section 194C it is mentioned to carry out any work and any work includes everything whether supply, sale or service". dear Section 194C does not include supply of goods. Supply of goods is also a contract if it is included then on all the purchase you should required to deduct TDS.
Though Bimal says as there is no contract and sale
Bu actually it is deemed contract between supplier , thus sec. 194C would be applicable there
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