Tds deduction
This query is : Resolved
24 January 2013
Case : I am a pvt. ltd. co.I got an advertisement done by an agency.That agency raised a bill amounting to Rs.1,00,000 + service tax @ 12.36%.I take the credit for service tax paid.Now my question is --- How much TDS will I deduct ????
Will I deduct tds on the whole value of bill or only on Rs.1,00,000 (which will be shown as an expense in my books of accounts)???
Urgent reply requested with clarity......
Will I deduct tds on the whole value of bill or only on Rs.1,00,000 (which will be shown as an expense in my books of accounts)???
Urgent reply requested with clarity......
24 January 2013
Deduct TDS on Total Amount i.e. 100000/-+ Service Tax 12.36%.
24 January 2013
on whole amount that is bill amount + service tax
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