My company is taking the service of a Vehicle contractor who carries our Staff from Office to their home. For this service he has raised a Bill for Rs. 1,50,000 which includes Diseal Expenses of Rs. 50,000. My quary is that on which amount TDS will be deducted.( i.e TDS on Rs. 150000 or on Rs. 1,50,000-50,000=1,00,000)
17 October 2013
if bill shows the segrigation then tds should be chrged on Rs 100000/- & if the bill nt shows the segrigation og diseal expense the tds will be charged on entire amount
17 October 2013
If original bills for diesel expences is provided ,,then you can leave tds on payment for diesel expences.. . . however it does not look like pure agent service,,i recommend you to deduct tds on total bill amount
CAclubindia
