TDS

This query is : Resolved

ashok shukla (Querist)
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07 December 2019 Dear Sir,
Please suggest, we have received one Tax Invoice from our customer with SAC 9997 "Other miscellaneous service- Budgetary support,
is there TDS liability if ys pl share rate with section

regards
ashok

A.S.SUNDARARAJAN

A.S.SUNDARARAJAN

(Expert)
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07 December 2019 The liability of TDS deduction and classification of service, applicability of % of ax percentage is to be made as per the provisions of Income Tax Act 1961. To decide the nature of services for TDS , we have to know the activities carried out the consultant. Then only we can tell whether it is professional service or will cover under contract services

ashok shukla

ashok shukla (Querist)
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07 December 2019 we are getting GST refund @29% from IGST from department as per policy 50/2003 (UTTRAKHAND) and same % our costumer are calming thru Tax invoice.

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