Tds

This query is : Resolved 

01 October 2014 A contractor submitting labour & material invoices. labour invoice of 6000.00 in F.Y. 2014-15 & material invoice of 40000.00.

Should i deduct tds against labour invoice ?

01 October 2014 if u are not providing materials then only on labour sec 194C tds will be applicable.

01 October 2014 Total amount of creditor exceeds 30000.00(36000.00) and labour invoice amount not exceeds 30000.00(6000.00).

My question is, should i deduct tds on 6000.00 or not ?


01 October 2014 only labour amount is 6000 then no tds is applicable in my view

01 October 2014 thank you so much sir....



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