03 July 2015
sir i purchase a a/c on rs. 97550(including installation & commisioning charges etc.)& party add cst 12.5% on 85% of this amount+service tax 12.36% on 40% of 97550 total bill of rs 112738,now how many tds deduct on this entry
03 July 2015
Generally no TDS applicable on purchase of AC when installation and commissioning charges is meager or nil. If it is treated as works contract, as service tax paid on 40% value deduct 2% TDS.
03 July 2015
but i have a tds number & i want deduct tds on this bill then now i deduct tds on basic pay + cst 12.5% then bill are 97550+10365=107915 actually total bill are 112738(including service tax also)
CAclubindia
