Sir/ Sir's,
Please slove my query ;
Situation : Company(A) approched X(Properties Consultant) and acquired 5BHK Unit No: 6P-H for setting up his office They charged the co invoice as like this.
Brokerage charges - Rs. 375000
Service tax -- 15% Rs. 56250
Total :4,31,250/-
a) On which amount the co can deduct TDS?
b) Here ST is total shown as 15% without seperating SBC & KCC . Is it create any issue?
c) My accountant made the voucher in the following mannner. Is his method correct?
Commission - Rs.375000
Less TDS : 5% 18750
Total : 356250
Add ST: 15% 56250
Total invoice value of payment :4,12,500.
Thanks & Regards,
Deepak V
CAclubindia
