ACTUALLY I AM DOING TAX AUDIT OF LTD CO. AND THERE IS A BILL OF RS. 45000 WHICH CONSIST OF NORMAL AMOUNT CHARGED BY PARTY PLUS VAT AND SERVICE TAX I.E. JOB WORK BILL.
MY QUESTION IS THAT WHETHER TDS WILL BE DEDUCTED ON ENTIRE AMOUNT OR EXCLUDING VAT AMOUNT?
IF ENTIRE AMOUNT THEN CAN U TELL ME IN WHICH SECTION IT IS SPECIFIED.
CAclubindia
