Job work

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rahul gupta (Querist)

06 May 2014 hi. i am rahul. i am running a business of manufacturing. recently i did a job work for a company in which that co. provided me with the raw material. the job was started on 12th feb,14 and ended on 14th april,14 so i made a bill for the same on 14th april,14. now the co. is saying that i should have made the bill on 31st march only for whatever the work was completed. moreover the co is deducting my TDS for the job work. and now is it correct on the co. side to charge interest on TDS.

kindly help me out

rgds

Shivang Chokshi

Shivang Chokshi (Expert)

07 May 2014 the company needs to be told whether they want to take expense in this year on in the next year fy 14-15.. if they take expense in fy 13-14 then your invoice dated april 14 will give them time for tds upto 30 april and for this they will need an invoice for march but there will not be any need to charge interest on tds..

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rahul gupta

rahul gupta (Querist)

08 May 2014 thanks for the reply..
but my problem is that i can't make a bill in a previous date as i am under excise. and my excise return for the 4th quarter has already been submitted.

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