07 July 2015
In which tds Amt will be deduced freight =20000/- Detention = 2000/- Incentive =1000/- Grossed Amt. =23000/- Less:-Penalty transit =-1000/- delay Net Payable =22000/- Dear sir pls advice to me Rs.23000/- Bill amt. process & TDS Amt. deduct @2% on Rs.23000/- & Rs.1000/- Separately debited to transporter. This process is ok or not.
CAclubindia
