Tds query

This query is : Resolved 

28 April 2016 If the firm claims REPAIRS as expense amounting to Rs.138000 (a single bill).Whether the firm has to deduct TDS on that expense???

If yes,under what SECTION???

28 April 2016 Yes under section 194C.......

28 April 2016 If Repair & Maintenance contract is with material then it will come under 94C or its technical service it has to deduct u/s 94J.


29 April 2016 TDs will deduct u/s 194C @1% for individual or @2% for firm & company.



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