One of the our vendor has given bill of 2,00,000 including material, service, transport and GST at 18%. Service is come up to 30,000. In what amount we need to deduct the TDS and under which section we need to deduct the TDS.
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 14 July 2018
If its work contract....... you will have to deduct for aggregate value.... U/s. 194C.
If service bill is separate with its contract, then only service charges will be liable for TDS.
Avinash Jeevan Dsouza
(Assistant In Charge Accountant)
(3292 Points)
Replied 14 July 2018
| Originally posted by : Dhirajlal Rambhia | ||
 |
If service bill is separate with its contract, then only service charges will be liable for TDS. |  |
Under which section we need to deduct the TDS?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 14 July 2018
For any such service contracts..... Sec. 194C is applicable....
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