Tds
This query is : Resolved
CS Birendra Verma
(Querist)
17 October 2013
Hi....Friends.
I have a quary regarding TDS.
My company is taking the service of a Vehicle contractor who carries our Staff from Office to their home. For this service he has raised a Bill for Rs. 1,50,000 which includes Diseal Expenses of Rs. 50,000. My quary is that on which amount TDS will be deducted.( i.e TDS on Rs. 150000 or on Rs. 1,50,000-50,000=1,00,000)
Please ans as soon as possible.
I have a quary regarding TDS.
My company is taking the service of a Vehicle contractor who carries our Staff from Office to their home. For this service he has raised a Bill for Rs. 1,50,000 which includes Diseal Expenses of Rs. 50,000. My quary is that on which amount TDS will be deducted.( i.e TDS on Rs. 150000 or on Rs. 1,50,000-50,000=1,00,000)
Please ans as soon as possible.
17 October 2013
if bill shows the segrigation then tds should be chrged on Rs 100000/- & if the bill nt shows the segrigation og diseal expense the tds will be charged on entire amount
Ganeshbabu K
(Expert)
17 October 2013
If original bills for diesel expences is provided ,,then you can leave tds on payment for diesel expences..
.
.
however it does not look like pure agent service,,i recommend you to deduct tds on total bill amount
.
.
however it does not look like pure agent service,,i recommend you to deduct tds on total bill amount
CS Birendra Verma
(Querist)
17 October 2013
Thanks a lot to both of You, Friends...
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