Tds on work contract for building

This query is : Resolved

Gorav Kumar Goyal (Querist)
Follow

22 March 2013 DEAR SIR,

WHETHER TDS U/S 194C WILL BE DEDUCTED ON PAYMENT MADE TO CIVIL CONTRACTOR FOR CONSTRUCTION OF BUILDING.(MATERIAL+LABOUR)

THANKS,

GORAV GOYAL

javad

javad (Expert)
Follow

22 March 2013 You should be liable to deduct on what amount the contractor shown his bill.

If the material bill having your company name there no need for the deduction.

Hope u have cleared!!!!!!**

Gorav Kumar Goyal

Gorav Kumar Goyal (Querist)
Follow

22 March 2013 Yes Mr. Javed,

Actually bill is in totally, no bifurcation given. after that service tax and WCT is levied.

So i am just confused whther Building work is covered under "work" definition to deduct tds. Is Constuction work liable to tds??

Is any difference in building work and construction work??

Upgrade to CAclubindia Pro. Subscribe Now!