If only the material is purchased for repairs and maintainence like sanitation repairs or electric repairs then Is there any need to deduct tds u/ 194c if labour is not inclu. expenditure is more than 75000 during the yr on repairs material from same firm. we had treated it as revenue expenditure under the head repairs and maintainence and did not deduct Tds. is it correct?
Menu
Material supplied for repair and maintaince
Replies (2)
If the vendor is charging VAT on the material purchase invoice then TDS is not to be deducted.
ok.. thanks.
Recent Topics :
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
Related Topics :
CAclubindia
