TAX AUDIT -TDS MATTER
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2011
HI
RESPECTED MEMBERS
CAN ANY ONE HELP ME REGARDING TDS PROBLEM?
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.
THANKS
IN ADVANCE
RESPECTED MEMBERS
CAN ANY ONE HELP ME REGARDING TDS PROBLEM?
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.
THANKS
IN ADVANCE
16 June 2011
Dear,
In your case there is no TDS liability. Please refer below given article..
www.simpletaxindia.org/2009/11/tds-on-job-work-us-194c-amended-from.html
With Regards,
In your case there is no TDS liability. Please refer below given article..
www.simpletaxindia.org/2009/11/tds-on-job-work-us-194c-amended-from.html
With Regards,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST Rate for Catering Services
- LIC maturity claim whether taxable
- TDS AND ITR ISSUE
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
