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TDS Quiry

10 January 2024

Dear Sir,

We are making a payment for Vehicle Repair purpose for Rs 82,000/- (Goods Vehicle)

So how much tds we will deduct and under what?

please suggest...

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5 Replies

sabyasachi mukherjee (27574 Points)
Replied 10 January 2024

Tds to be deducted if it's purely service .
then company or individual.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 10 January 2024

@ USB Bhise,

Is this only for service charges...???

Yasaswi Gomes new (Finance ) (4514 Points)
Replied 10 January 2024

Tcs on motor vehicle threshold limit is ten lakhs and 10% applicable and normal goods purchases tds is 50 lakhs and above at 0.10%

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 10 January 2024

Originally posted by : Yasaswi Gomes new
	Tds for purchase of motor vehicle threshold limit is ten lakhs and 10% applicable and normal goods is 50 lakhs and above at 0.10%