Tds deduction contractor 194c
This query is : Resolved
15 June 2016
If Invoice Basic amount is Rs 100 + Vat Rs 10 + Service Tax RS 10 Total invoice amount is 120 then how to deduct TDS under 194C?
15 June 2016
Dear Suraj,
In the above case, TDS u/s 194 c to be deducted for Rs. 110 /- (i.e. Basic Value Rs 100 + VAT Rs 10). While calculating TDS, Service Tax should not be included.
Good Day !!!!
In the above case, TDS u/s 194 c to be deducted for Rs. 110 /- (i.e. Basic Value Rs 100 + VAT Rs 10). While calculating TDS, Service Tax should not be included.
Good Day !!!!
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1 times
16 June 2016
on Rs. 100/- on tds on the vat
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