Tds to be deducted on which amount

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Khushal Khimji Haria (Querist)
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17 October 2013 I had received a invoice in which vat is levied on 75% amount and service tax on 60% amount. Now The question arises that on what amount the TDS should be deducted

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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17 October 2013 it seems that it is works contact invoice and TDS is applicable under section 194C , if it is so, it would be deducted on whole amount

Ganeshbabu K

Ganeshbabu K (Expert)
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17 October 2013 Section 194C,Subsection (3)

tax shall be deducted at source—

(i) on the invoice value excluding the value of material, if such value is mentioned separately in the invoice; or

(ii) on the whole of the invoice value, if the value of material is not mentioned separately in the invoice.

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Khushal Khimji Haria

Khushal Khimji Haria (Querist)
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17 October 2013 Thanks Shri Bajpaiji and shri Ganeshbabu