Tds deduction contractor 194c
This query is : Resolved
15 June 2016
If Invoice Basic amount is Rs 100 + Vat Rs 10 + Service Tax RS 10 Total invoice amount is 120 then how to deduct TDS under 194C?
15 June 2016
Dear Suraj,
In the above case, TDS u/s 194 c to be deducted for Rs. 110 /- (i.e. Basic Value Rs 100 + VAT Rs 10). While calculating TDS, Service Tax should not be included.
Good Day !!!!
In the above case, TDS u/s 194 c to be deducted for Rs. 110 /- (i.e. Basic Value Rs 100 + VAT Rs 10). While calculating TDS, Service Tax should not be included.
Good Day !!!!
Message likes :
1 times
16 June 2016
on Rs. 100/- on tds on the vat
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
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- GST Rate for Catering Services
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- ITR 4 and Bank transactions
- FCRA 6 E- Intimation
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- 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
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
