On which amount Tax should be deducted
This query is : Resolved
Saurabh Aggarwal
(Querist)
13 August 2008
Suppose the voucher is as follows :-
VOUCHER 1:-
Fees for Professional Service Rs.1000
Conveyance Charges Rs. 100
TOTAL Rs.1100
-----TDS should be deducted on either Rs. 1100 or Rs. 100
x-----x-----x-----x-----x-----x----x---x--x
Now suppose the professional has given two vouchers as follows:-
VOUCHER 1:-
Fees for Professional Service Rs.1000
TOTAL Rs.1000
& VOUCHER 2:-
Conveyance Charges Rs.100
TOTAL Rs.100
----Now on which bill TDS is to be deducted????
VOUCHER 1:-
Fees for Professional Service Rs.1000
Conveyance Charges Rs. 100
TOTAL Rs.1100
-----TDS should be deducted on either Rs. 1100 or Rs. 100
x-----x-----x-----x-----x-----x----x---x--x
Now suppose the professional has given two vouchers as follows:-
VOUCHER 1:-
Fees for Professional Service Rs.1000
TOTAL Rs.1000
& VOUCHER 2:-
Conveyance Charges Rs.100
TOTAL Rs.100
----Now on which bill TDS is to be deducted????
Ram Avtar Singh
(Expert)
13 August 2008
TDS should be deducted on gross amount of Bill.
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