04 June 2014
hai sir i have one doubt in TDS. Our company given to build purpose given building contract in this contract bill all mixed up material and labour and expenses. So here i calculate the TDS only on labour or others? Kindly give me procedure and how to calculate?
04 June 2014
If the bill has raised material and labour separately then you can deduct TDS on labour bill only. if the bill is raised mixed, then you need to deduct TDS on total value of the bill including material & labour etc..
CAclubindia
