The party has raised service bill for Rs. 120000. The TDS
deductor company made TDS on Rs. 100000 i.e., Rs.20000 is
deducted on the gross bill of Rs 120000. My question is
whether to deduct TDS on Rs.120000 or on Rs. 100000?
Answer Posted / santhy
The party has to deduct tax on 120000/-
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
What is the procedure to take modvat and its form number
What are the deductions under salary head? Name the items.
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
How to reconcilation of modvat
What is tha Central sales tax rate 2010 in andhrapradesh
How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?
Please let me know the depreciation rates.... com 2011-12.... Vechicle - Computer - Furniture - Tel instrument -
when charges PURCHASE @ 12 % TAX RATE ?
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
How many turnover company active TAN no applicable and how many deduction % of service.
Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?
can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case
I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?