Dear friends please let me know, what % of amount has
deduct from vendors bill for civil supply and instollation
work
Answers were Sorted based on User's Feedback
Answer / ramachandra
(On assumption that your question is on IT TDS)If it is
single works contract with no separate billing break up for
supply and erection, than deduct 2% TDS on whole contract
value. If this works contract has separate billing break
up for supply and erection than deduct TDS only on erection
portion at 2%.
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