TAX AUDIT -TDS MATTER
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2011
HI
RESPECTED MEMBERS
CAN ANY ONE HELP ME REGARDING TDS PROBLEM?
ACTUALLY I AM DOING TAX AUDIT OF LTD CO. AND THERE IS A BILL OF RS. 45000 WHICH CONSIST OF NORMAL AMOUNT CHARGED BY PARTY PLUS VAT AND SERVICE TAX I.E. JOB WORK BILL.
MY QUESTION IS THAT WHETHER TDS WILL BE DEDUCTED ON ENTIRE AMOUNT OR EXCLUDING VAT AMOUNT?
IF ENTIRE AMOUNT THEN CAN U TELL ME IN WHICH SECTION IT IS SPECIFIED.
THANKS
IN ADVANCE
RESPECTED MEMBERS
CAN ANY ONE HELP ME REGARDING TDS PROBLEM?
ACTUALLY I AM DOING TAX AUDIT OF LTD CO. AND THERE IS A BILL OF RS. 45000 WHICH CONSIST OF NORMAL AMOUNT CHARGED BY PARTY PLUS VAT AND SERVICE TAX I.E. JOB WORK BILL.
MY QUESTION IS THAT WHETHER TDS WILL BE DEDUCTED ON ENTIRE AMOUNT OR EXCLUDING VAT AMOUNT?
IF ENTIRE AMOUNT THEN CAN U TELL ME IN WHICH SECTION IT IS SPECIFIED.
THANKS
IN ADVANCE
16 June 2011
Dear,
In your case there is no TDS liability. Please refer below given article..
www.simpletaxindia.org/2009/11/tds-on-job-work-us-194c-amended-from.html
With Regards,
In your case there is no TDS liability. Please refer below given article..
www.simpletaxindia.org/2009/11/tds-on-job-work-us-194c-amended-from.html
With Regards,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
