Applicability of TDS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Applicability of TDS
Query (Issue) Started By: - madhavvan n Dated:- 17-7-2009 Last Reply Date:- 18-7-2009 Income Tax
Got 1 Reply
Income Tax
a vehicle maintenance company which services v .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ehicles and also supplies parts to customers some customers are deducting tax u/s 194c on the entire invoice value the vehicle maintenance company contends that tds should be only on labour portion an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d not on supply pls give your views Reply By Rama Krishana: The Reply: Service Tax on 194C is to be deducted on works contract. Where the service contract and sale contract are independent, only ser .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vice contract would be subject to TDS. Now, it is the matter of fact that both the contract are part of the same contract or independent service contract and sales contract. To my mind, service tax sh .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ould be deducted on the gross amount including value of material since the material is used by the service provider while providing his services even though he is showing the amount of material separa .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tely in the bill.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X