TDS on Installation chgs for Supply of PCs
This query is : Open
31 March 2011
Is TDS on Installation chgs for Supply of PCs with separate contracts applicable
31 March 2011
Yes TDS to be deducted u/s 194C on Crossing threshold limit.
Rate:
Ind /HUF @ 1%
Others @ 2%
No PAN 20%.
Limit:
Single Bill 30000/-
Annual Payment 75000/- p.a.
Rate:
Ind /HUF @ 1%
Others @ 2%
No PAN 20%.
Limit:
Single Bill 30000/-
Annual Payment 75000/- p.a.
31 March 2011
agreed with the expert
31 March 2011
TDS is required to be deducted. The relevent section shall be 194 C. Contract and the tem work is wide enough to cover the above transactions.
Rate
There are two rates specified.
Ind /HUF @ 1%
Others @ 2%
However, it is subject to Threshold Limit.
Threshold limit
One time payment 30,000/-
Aggregate payment in an year 75,000/-
Rate
There are two rates specified.
Ind /HUF @ 1%
Others @ 2%
However, it is subject to Threshold Limit.
Threshold limit
One time payment 30,000/-
Aggregate payment in an year 75,000/-
04 April 2011
Thank you everyone for your valuable insights on the subject.
But it would be very kind if you could clarify further on the following:
1. What if Installation is being integral to the supply made though the contracts are made separate.
2. What if the supply is for Software available in the market (not custonised).
But it would be very kind if you could clarify further on the following:
1. What if Installation is being integral to the supply made though the contracts are made separate.
2. What if the supply is for Software available in the market (not custonised).
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
