TDS

SANTOSH KUMAR BEHERA (Querist) 02 June 2010 This query is : Resolved
DEAR SIR
KINDLY CLARIFY THE FOLLOWING QURREY

"ASPER THE WORKORDER WHERE THE CONTRACTEE SUPPLIES DISEALS AT FREE OF COST TO A MINNING CONTRACTOR FOR CARRYING OUT HIS WORK, AND THE CONTRACTOR SUMBIT BILLS ONLY FOR HIS WORK. WHETHER TDS IS TO BE ATTRACTED U/S194C ON THE BILL AMOUNT ALONG WITH THE DISELS SUPPLIED TO HIM AT FREE OF COST OR ONLY FOR THE BILL AMOUNT?

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adv. rajeev ( rajoo ) (Expert) 02 June 2010
see 194 C (2)Any sum credited or paid or paid or likely to be credit or paid during the previous year to the account of contractor during the court of business of plying, hiring or leasing good carriages on furnishing of his PAN, to the person paying such sum.

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