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.
Avinash Jeevan Dsouza (Assistant In Charge Accountant) (3284 Points)
14 July 2018One 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.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177020 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)
(3284 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.)
(177020 Points)
Replied 14 July 2018
For any such service contracts..... Sec. 194C is applicable....
Excel Mastery Program