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if we are purchase in 4% vat tax than can we deduct tds
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Answer Posted / geetha n
TDS will be deducted for the labour/service portion not for
the material portion....whatever the vat rate may be.
If Invoice clearly says that bill amount is for the purpose
of materials no TDS will be deducted.
| Is This Answer Correct ? | 20 Yes | 1 No |
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