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Tds on works contract

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(Querist)
16 September 2016 catering invoice vale 100000
(service tax 15% on
70% of assessable value) 10500

VAT 2%(100000+10500) 2210

TOTAL INVOICE VALUE 112710

Now TDS TO BE DEDUCTED FROM WHICH AMOUNT
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S. Harsha

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S. Harsha (Expert)
16 September 2016 TDS to be deducted on the basic amount i.e 100000/-.
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kanniyappan

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kanniyappan (Querist)
16 September 2016 thank you for ur reply



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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 September 2016 Income tax is to be deducted on Basic plus VAT amount.
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S. Harsha

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S. Harsha (Expert)
17 September 2016 Dear sir,

I am sorry for my answer. TDS is deducted on Basic plus vat amount in case of work contract.

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