TDS on Contract
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2010
May i know the expenditure for which TDS is to be deducted when the expenditure includes both material and service cost...?
28 June 2010
As per Section 194C TDS is not required to be deducted in case of material purchased. But for this material amount should be seprately mentioned in the bill. If in the bill material purchased amount is not mentioned seprately in that case TDS shall be deducted on gross amount which means including material purchased.
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