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Paid full amount of bill and depositing tds from own pocket

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(Querist)
19 April 2014 I have a query regarding TDS deduction, let me explain with example:
I got a bill worth 60000/- for professional services. I paid to party Rs. 60000/- and now want to deposit TDS on my behalf, so at this point Rs. 60000/- will be considered to be 100% or 90% (tds will be 6000/- or 6666/-) ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 April 2014 you need to deposit Rs 6666
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Ruchin Gupta

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Ruchin Gupta (Querist)
26 April 2014 can u provide me reference to any section or provision in law, so that i can check and prove my point with some stands.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
27 April 2014 Ruchin,

isn't it obivous that if you are paying the TDS out of your own pocket, the amount paid to the contractor/consultant still has to reflect as net of taxes? This concept is called grossing up and is normally used where the deductor is bearing the burden of tds.
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