19 September 2008
We purchased some parts For Rs, 30000/- and paid labour charges rs. 5000/- and got a single bill for Rs. 30000+Sales Tax And Rs. 5000+ Service tax.
I have to deduct TDS on which amount or do not have to deduct TDS. pls clarify
19 September 2008
When a supplier raised single invoice for goods and service provided by him, you have to deduct tax on whole invoice value as you are not authorised to segragate the sum in the invoice and hence deduct TDS on Whole i.e. Rs. 40000/-