09 June 2017
MAY I KNOW THAT, TDS SHOULD BE DEDUTED ON WHICH AMOUNT. LET SUPPOSE SOME ONE ISSUE ME THE INVOICE WITH THE BIFURACTION OF VAT & SERVICE TAX .HENSE SHOULD I DEDUCT TDS ON GROSS AMOUNT OR EXCLUSIVE SERVICE TAX
09 June 2017
TDS is to be charged on that portion on which service tax is charged and that too without including service tax i.e on basic amount, NO TDS will be deducted on amount on which VAT is charged because such amount is part of our purchase and TDS is on services and not on purchase.
CAclubindia
