I gave a bill of Rs:1000 to party
but party collect this bill and deduct Kvat 4% TDS 1% & LWF 1% Amount respectively
Kvat 4% of Rs 1000=Rs=40/-
TDS 1% of 1000= Rs=10/-
LWF 1% of 1000= Rs=10/-
I have collected Rs:940
My question is :what is my actual collection ? please give answer
CAclubindia
