Tds

This query is : Resolved 

24 August 2011 Hellow Guise i wnat to know something
Suppose that we purchase material of Rs. 500000/- and party Charged vat 12.5 % total bill of amount Rs. 562500/- but i want to know when payment in which amount TDS deduct, total bill amount or only cost of material ?

24 August 2011 On supply of material TDS not applicable



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