Interested to Buy Any Domain ? << Click Here >> for more details...
if bill has came for payment for car repair purpose in bill
they mentation total parts value is 21000 and labour 13000
with total of 34000 inthat on parts vat is include so we
have to deduct tds u/s 194c @2% on full amount of 34000 or
not(bill is single for whole 34000 purpose_
- 3 Answers
- 25988 Views
- Maruti Suzuki, Thermotech Engineers, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ajeet kumar sharma
The TDS will be deducted in whole bill amount that is
34000/- because it is carry the service part in it. But for
better accounting or sake of benifit of supplier you can
ask for a credit note against this Invoice or two new
invoices, 1 for goods and 2nd for Service parts and then
you can deduct TDS only on 2nd Invoice.
| Is This Answer Correct ? | 39 Yes | 18 No |
Answer / srik
In the question he clearly mentioned the value of spare parts is Rs. 21000/-, labour is Rs. 13,000/-, we have make TDS on 2% on Rs. 13000/-.You can make the narration clearly saying on which amount you deducted TDS for & your auditors reference.
| Is This Answer Correct ? | 26 Yes | 6 No |
Answer / ravi kumar gaur
if the bill has come total amount of both charges than we deduct the tds on total amount of the bill because party send combined bill of both charges so we deduct 2% tds.
| Is This Answer Correct ? | 8 Yes | 5 No |
what is the BRS
13 Answers Capital IQ, Genpact,
Describe a time when u have taken on a particularly challenging or stretching target. What made it so nchallenging for u?
If any expenses accrued for the F.B.T paid quarter in the next relevant quarter, can we post the expenses in the next quarter?
Hi Friends! Pls clear my doubt.... Is there any changes made in TDS rate for the A.Y. 2012-13?
i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark
accounting procedure
what is the difference between cash discount and trade discount. what is the journal entry for purchase of 100000 giving (a) 5% trade discount (b) 5% cash discount.
tell me in detail about deffered tax asset & deffered tax liability
accounting & audit system of film production enterprises
Is vendor statement recon done as two way process? Statement to Ledger Ledger to stement?
4 Answers Capital IQ, Cognizant,
The difference between interim audit and final audit?
Should the duty of creating a purchase order be segregated from the duty of creating a vendor?
Audit 
