If a company receives single bill which includes both taxes i.e. VAT on material purchased & service tax on service provided. In this case should company deduct tds on service charge portion or on bothe portion VAT amount & service charge?
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Tds on vat & service tax
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if both amt. are shown separately then tds to be deducted on service portion only. but where gross amt. is charged then tds to be deducted on whole gross amt.
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