16 June 2015
We are selling our product (Footwear) through Flipkart.
During the m/o May-2015 we have sold footwear for Rs. 14,50,660/- & Flipkart paid 10,63,037/- after deducted following charges :- 1) Commission - 150960/- 2) Shipping Charges - 187210/- 3) Misc. charges - 1850/- Add : Service Tax - 47603/- Total 387623/-
We are manufacturing proprietor firm & our accounts will be audited as our turnover hopefully crossed the threshold limit of Tax Audit.
My query is that on which figures we have to deduct TDS & what will the rate of TDS.
CAclubindia
