TDS

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2011 Is TDS required to be deducted from 'Repairs & Maintenance' on Plant&Machinery if the amount exceeds 30000.

Also, if the above expense bill includes spare parts or tools used charges or new spares bought, is TDS required to be deducted on whole amount?

What if it is not seperable.
Under what section to be charged?

Pls help me out Experts.
Thanking You,
Karan shah.

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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08 January 2011 U/s 194C TDS is applicable.

Message likes : 1 times

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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13 January 2011 If bill can be separated then the service value only need to consider for limit of Rs.30000 otherwise total amount TDS will applicable as per sec.194C

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