banner_ad

Deduction of TDS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 December 2010 Sir,
How can an auditor (myself an Article assistant) identify nature of bill in following case.

Sometime I come across a bill which contains an element of purchase and also rendering of services (for e.g. a bill of installation of computers in a company which includes purchase of computers also rendering of technical services i.e. installation services on which ST is levied.

My problem is how to identify whether it is a bill on which TDS is deducted only on services u/s 194J or on total amount of bill u/s 194C.

Thanks
ALOK SHARMA
CA FINAL STUDENT


Note-1 I dont want to ask manangment the nature of bill. i just have bill.
Profile Image

shrikant

Profile Image

shrikant (Expert)
25 December 2010 Dear Alok

It's simple as it's composite bill, hence you need to bifurgate on some rational basic, In your case you can reverse calculate the amount chargeable to
TDS i.e. Service tax amount/10.3%.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details