We are generally give order to the printing company for
printing our uniqe file,calender,sovenour,answer
sheet,envelop etc, when company submite the bill it charge
the bill includes vat@4%, so can we deduct the TDS on total
invoice value or only cost amount (exclude the vat).
- 8 Answers
- 23124 Views
- I also Faced
- E-Mail Answers
Answer Posted / teja chowdary
yes tds should be duductible as per sec 194c, because
company is not purchasing the preprinted files or calenders
etc.... rather it is a contract to fullfill the company
needs. Therefore TDS will be deducted on net cost .i.e.,
excluding vat.
| Is This Answer Correct ? | 15 Yes | 11 No |
Post New Answer View All Answers
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
What are allowable and dis-allowable expenditure?
What do u mean by sales tax and who are sales tax practitioner ?
i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.
What do you mean by vat, vat registration total cost hydra bad in which places
which items should be covered the Entry Tax by HP Govt instead of Purchased
wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.
hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
can i adusted our vat credit in W.C.T. payable?
Explain the Calculation of Sales Tax?
What is CAARO?
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
what is capital account? how to manage it? what is the process?
