07 July 2014
sir, I have received an Invoice from a supplier relation to printing of book let and notice .Cost of the invoice is Rs around 45,000.00 ,but in this bill include kerala vat 5%.I would like to know that whether tds is applicable against this invoice . I have one more doubt if the business transaction is sale mode(vat is collected )tds is applicable or not . kindly advise the same Thank&Regards binu
CAclubindia
