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TMI BlogTDS rate on invoice/payment related to EPC contractX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi All, I just want to confirm the rate of TDS in below case. ABC Ltd.has issued a contract for design and construction of roads on EPC (Engineering, procurement and construction) basis to XYZ Ltd. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Please advise at which rate TDS should be deducted by ABC Ltd on invoice/payment to XYZ Ltd. Rgds, Ramesh - Reply By Ganeshan Kalyani - The Reply = Sir, 1% under 194C if service provider is Indi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vidual /HUF and 2% if other than individual/HUF. Alternatively if you receive two invoices I.e. one for designing and second for construction then on designing 10% under 194J will be applicable. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Thanks. - Reply By Ramesh Rangani - The Reply = Ganeshan Kalyani Sir, Thank you very much. Is there any case law/ clarification on this so that I can show to my management. - Reply By Ganeshan Ka ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lyani - The Reply = Sir please refer section 194 of Income Tax Act 1961. Thanks. - TDS rate on invoice/payment related to EPC contract - Query Started By: - Ramesh Rangani Dated:- 27-6-2016 In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... come Tax - Got 3 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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