09 December 2010
I received bill from a professional for Rs.5000/- mentioning including all taxes. What amt.of cheque should be issued to him after T.D.S.? I received 2 opinions from Experts for pmt. 1. 5000 -.10 of 5000= 4500 & tax 500 2. 5000 - (5000/1.1 = 4545 & Tax 455.(sec.67)