Easy Office
Easy Office

On my vat 5% invoice my debtor(sbi) deduct tds 1%

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 September 2013 ON MY VAT 5% INVOICE MY DEBTOR(SBI) DEDUCT TDS 1%

IS IT VALID DEDUCTION.

Read more at: https://www.caclubindia.com/experts/ask_query.asp
Profile Image

MJ Krishnamurthy

Profile Image

MJ Krishnamurthy (Expert)
26 September 2013 No such TDS is permitted under KVAT Act or rules now. It is an old departmental instructions being applied now. Under IT Act some deductions are required,not under KVAT Act.....mjk

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links