TaxTMI 
TaxTMI 
There was partition of Hosiery Manufacturing unit, the unit which has retained the electricity connection wants to issue debit note for units of electricity consumed by other unit. Whether TDS provision u/s 194C will apply. Whether electricity dept. will have any objection on sharing of electricity.
sharing of electricity bill
11 Jun 2014 
2 Replies 
1274 Views Asked by
TDS on shared electricity billing questioned: whether debit notes between partitioned units attract withholding and supplier objection.
Whether issuing a debit note by a hosiery manufacturing unit that retained the electricity connection to recover units consumed by the other unit after partition attracts Tax Deduction at Source under the law governing payments for contractual services, and whether the electricity supplier will object to sharing or cost sharing arrangements. (AI Summary)
Whether issuing a debit note by a hosiery manufacturing unit that retained the electricity connection to recover units consumed by the other unit after partition attracts Tax Deduction at Source under the law governing payments for contractual services, and whether the electricity supplier will object to sharing or cost sharing arrangements. (AI Summary)
