TaxTMI 
TaxTMI 
TDS for Water Supply Service
X X X X Extracts X X X X
X X X X Extracts X X X X
....DS for Water Supply Service<br> Query (Issue) Started By: - CHITRA RAGURAM Dated:- 4-1-2011 Last Reply Date:- 5-1-2011 Income Tax<br>Got 2 Replies<br>Income Tax<br>Payment is made to an agency for sup....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ply of water. The payment includes the amount to be paid for water + transportation cost. Please advice if this payment attracts TDS u/s. 194C Reply By CA Rachit Agarwal: The Reply: Section 194C is ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....attracted on sale of services and not sale of goods. Supply of water in our opinion is sale of services. Further procurement of water is contractual in nature may be for year or month. Hence TDS shou....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ld be deducted u/s 194C. Reply By rishi mohan: The Reply: Tds is applicable on water supply. It shall be levied under section 194C (Payments to contractors and sub-contractors) of the Income Tax Act....
X X X X Extracts X X X X
X X X X Extracts X X X X
....,1961.<br> Discussion Forum - Knowledge Sharing ....