24 January 2013
Case : I am a pvt. ltd. co.I got an advertisement done by an agency.That agency raised a bill amounting to Rs.1,00,000 + service tax @ 12.36%.I take the credit for service tax paid.Now my question is --- How much TDS will I deduct ???? Will I deduct tds on the whole value of bill or only on Rs.1,00,000 (which will be shown as an expense in my books of accounts)???
CAclubindia
