Dear frnds
i just wana 2 kno, what will be the TDS rates if the interior decorator charges VAT and Service Tax, in the same bill, on certain fixed amount (say 67% of billed amount charged to VAT and 33% charged to service tax), do he fall under 194C or 194J? or both the rate 2% and 10% are applicable, that is 2% on amount charged to VAT and 10% on amount charged to Sevice TAX.
I am glad if any one can reply,
pls also mention the relavent provision of law
thanks
ABHISHEK SHARMA
Dear Abhishek Sharma
Basically, it depends on the fact and the nature of contract/agreement in each cases.
However as per the short facts given by you, it is clear that you have given the work of interior decoration to a single party on inclding material and all ancillary charges. In that case Sec 194C shall apply. If the decorator provide separate bill of material then TDS will deducted on the balance bills othrewise TDS will be deducted on toal bill.
Hai friends,
I wanted to know the procedure for payment to Foreign National towards his
services, whether we need to deduct the TDS from the Payment @ 20% and pay
and what are the procedure to remit the payment to Foreign national
Thanks
Somu
Agree with Mr. Akhil it comes u/s 194C (Wroks contract)
CAclubindia
