TMI BlogPO with installation (free of cost) -is liable for TDS u/s-194CX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sirs, Our company is going to issue a Purchase order for sprinkler Irrigation system in this system includes pipe, pump, fittings etc. Installation is in scope of the supplier it is fre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e of cost. My question is that if co. is issuing Purchase order with installation (free of cost). Is there any liability for deduction of TDS u/s-194C Thanks - Reply By MARIAPPAN GOVINDARAJAN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Whether you have got clarified in this issue? If not please inform. - Reply By Umayal Palaniappan - The Reply = 194C obligates the deductor for TDS at the time of recording the ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... penditure in the books or making the payment which ever is earlier. However, in the case of free of cost supplies there will be no amount paid or payable therefore there is no question of deduction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of TDS on the same. k.srini - PO with installation (free of cost) -is liable for TDS u/s-194C - Query Started By: - umesh kumar Dated:- 18-1-2012 Income Tax - Got 2 Replies - Income Tax - Disc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|