In which amount tds is to deducted.

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“Ashok brothers” has contracted with CSPPL for providing facility of bus for employees. They are raising bill for their contract value, service tax, Diesel and Toll tax. TDS has been deducted on value of service and service tax amount but but in my opinion it should have been deducted on bill amount(i.e. inclusive of diesel and toll tax).

Q. In which amount tds is to deducted?

 

Replies (1)

Hi,

In my opinion if the diesel and toll amount recovered are actual amount without any markup then TDS will not apply .incase it is a fixed amount with mark up then it will come.

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