niloy sanyal (account manager) (777 Points)
06 October 2021We have received a serviced invoice (For Welding Charge) Rs. 45000+Gst(18%) from ABC Ltd. but some items Problem purpose ABC Ltd. Issue a CREDIT NOTE Rs. 5000+GSt(18%)
Now My Question is we will deduct TDS 94C on which amount Rs. 45000 @ 2% or (45000-5000=40000 @ 2%), Please Clear urgent?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 06 October 2021
If TDS is required to be deducted, after the issue of Credit note, than deduct it at final amount, i.e. over Rs. 40K
CAclubindia
