Dear All,
If a Invoice bill has break up of Installation & Goods, then we should deduct TDS on whole amt. or on just Installation amt..
Thanks & Regards
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 01 February 2012
TDS needs to be made only on the installation charges. However if teh bill is consolidated one whihc includes only one amount relating to goods & instl chgs then TDS needs to be made on teh whole bill amount.
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(without recording)