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Tds deduction of scrap sale


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 July 2017 Please clarify whether TCS shall be deduction on inclusive of vat amount or excluding vat amount of bill

Sale 100 +Vat 4 Bill amount Rs. 104 then TCS would be deduct on 100 or 104

04 July 2017 on 100 TCS to be deducted

04 July 2017 Yes I agreed to Mr. Ashiwini Kumar Ballodia... TCS & TDS ll be deductible only in basic value not on Tax amount.


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