Tds on material supplier with job work, Income Tax

[Rishideo Kumar]

Hi, Sirs, Please advice me about TDS on jobwork with material. Eg. we are repairing and maintenace from registered supplyer that supplyer is all goods suplied and labour charges are also include in total invoice but vat is also imposted in total invoice. advice me tds on deducted or not, suplier is not indicated material used how many or not specific labour charges only total value and add vat rate 13.5% please reply me ASAP.

Posts / Replies

[Rama Krishana]

TDS is required to be deducted on works contract at the rate of 2% on the gross amount paid for such job work.

[GOPALJI AGRAWAL]

Just to add with Mr. Ramakrishna, if the payment is made to individual or HUF then rate is 1% as the same is not clear from query who is recepient.

Moreover, please also remember section 206AA for non PAN furnishing deductees.