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Tds including vat or excluding vat

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2016 a contractor supply material of rs 1710000 to company under a contract agreement.
contractor raises his invoice as
cost of panel 1500000
add 14% vat 210000
total 1710000

now whether tds @2% will be deducted on gross amount(1710000) or amount excluding vat (1500000)?

25 February 2016 For material supply you need not deduct TDS.



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