please some one has to confirm, TDS deductions to be deducted on gross amount of the bill or nett amount of the bill after a debit. Which is correct as per IT Act and AS? ( for all sections - 194 C, 194 J, 194 H, 194 I etc.,)
please some one has to confirm, TDS deductions to be deducted on gross amount of the bill or nett amount of the bill after a debit. Which is correct as per IT Act and AS? ( for all sections - 194 C, 194 J, 194 H, 194 I etc.,)
TDS is always deducted on the Gross amt but it Excludes Service Tax, SBC etc. if any.
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