banner_ad

TDS on works contract

TDS 662 views 2 replies

We have given AMC for Machinery. The party given us two seperate bill as under

1. Annual Service Charges - Labour        80000 +  S.Tax     8240/-  = 88240/-

2. Parts sale under AMC Contract            120000 + Works contract Tax 15000/-  = 135000//-

My question is, TDS to be deducted only on labour charges i.e 88240/- or on full amount of Rs. 223240/-

Thanks 

Replies (2)

TDS WOULD BE DEDUCTED ON LABOUR CHARGES ONLY
 

In this case TDS (Contractors) will be Rs 1764.8 and the TDS (WCT) will be Rs 15,000 as per given Information of charge 12.5%. on Rs 120000. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details