We have issued Purchased order with one of our Supplier for renovation of building, Purchase Order contain materials and service charges. Supplier raised Invoice seperatly, one invoice for materials with VAT and other for services with applicable services tax.
Can w deduct WCT as well as TDS on both bills. Please suggest
11 December 2012
You should deduct TDS only on the amount of services rendered by the supplier. Before doing so please deduct TDS on the amount before Service Tax charges and other criteria of TDS Rules are followed.
CAclubindia
