XYZ Pvt. Ltd. has raised a Bill on Mr. A which includes labour charges and material amounting to Rs. 280000/-. Whether TDS is applicable in such case?
Or is TDS applicable only if Labour charges are shown separately in the Bill?
Regards,
Devendra Kulkarni
| Originally posted by : SUDHARSAN K G | ||
 |
Dear Friend, 194C attracts on the entire amount of contract. However, if the cost of materials is REIMBURSED not included the value of contract you can exclude the value of materials reimbursed for the purpose of deduction of tax under section 194 C |
Agree |
Shaswat initial support private limited
Ahmedabad
CS
View Details
T R SOOD & CO
New Delhi
CA Inter
View Details
R P S K & Associates
Nashik
CA Inter
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
CAclubindia
