TDS deduction
This query is : Resolved
04 December 2010
Dear Sir,
We had make the P.O. (purchase order) for 1 unit testing charges. of Rs. 36,00,000/-
Vendor give me a first bill for 10% amount i.e. of Rs. 3,60,000/-, we booked this bill, now which amount we have deduct TDS? on Rs. 36 lakh or 3.60 Three lakh sixty thousand?
Please advise!
Regards,
Malcome
We had make the P.O. (purchase order) for 1 unit testing charges. of Rs. 36,00,000/-
Vendor give me a first bill for 10% amount i.e. of Rs. 3,60,000/-, we booked this bill, now which amount we have deduct TDS? on Rs. 36 lakh or 3.60 Three lakh sixty thousand?
Please advise!
Regards,
Malcome
04 December 2010
Tds would be deducted on rs. 360000
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