Hello Everyone,
We are a Interior Decoration company. For example, Rs. 1,00,000 is the value, for that 70% is value added materials and 30% will be labour contacts so 70000 x 14.5% Tax =10150 + Labour contract 30000 = so total project value is 1,10,150. They will deduct 1% for TDS. So and so what is the current procedure.
CAclubindia
