Please can you let me know that if VAT is inclusive of the invoice and the invoice is of a contractor than whether TDS U/s 194c can be deducted? And on wat amount it can be deducted ie whether amount including VAT or else excluding VAT?
07 April 2010
i will also suggest the same.. but if invoice include VAT it means its purchase of material and not services.. i dont think you need to deduct tds here..
CAclubindia
