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Issue ID : 3391
- 0 -

applicability of incometax

Date 16 Sep 2011
Replies3 Answers
Views 1106 Views
Asked By

sir,

i would like to know that whether incometax is to be recovered for contingent bills like supply of materials like shamianas,sound system,supply of furniture and water drums etc.

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Old Query - New Comments are closed.

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- 0
Replied on Sep 17, 2011
1.

Please clarify your query whether you are asking about TDS provisions.

- 0
Replied on Sep 17, 2011
2.

sir,

my query is whether TDS(Incometax) is applicable for contingent bills like supply of shamianas ,sound systems, supply of furniture and water drums etc...

 

- 0
Replied on Sep 17, 2011
3.

TDS u/s 194I is applicable for rent against machinery, equipment, furniture, fittings povided the total rent exceeds Rs. 180000/- during the financial year to single assessee.

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