Tds deduction on expenses
This query is : Resolved
09 October 2013
Dear Sir
I have received an Invoice from Individual, basically we are advertisement business and we are giving some job to contractor to do for our client.
Now we have received an invoice from contractor for Styling Work Charges 105000.00 & Expenses : 13000/-, now i am asking can i deduct TDS on both head ie Styling & Expenses or only on Styling.
Pls let me know ASAP.
Azeem Shah
I have received an Invoice from Individual, basically we are advertisement business and we are giving some job to contractor to do for our client.
Now we have received an invoice from contractor for Styling Work Charges 105000.00 & Expenses : 13000/-, now i am asking can i deduct TDS on both head ie Styling & Expenses or only on Styling.
Pls let me know ASAP.
Azeem Shah
09 October 2013
In my View...
1.On the invoice value excluding the value of expense, if such value is mentioned separately in the invoice; or
2.On the whole of the invoice value, if the value of the expense is not mentioned separately in the invoice.
1.On the invoice value excluding the value of expense, if such value is mentioned separately in the invoice; or
2.On the whole of the invoice value, if the value of the expense is not mentioned separately in the invoice.
11 October 2013
On Rs. 105000...
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
- CLOSING STOCK QUERY
- Sale of Mutual Funds In Diffirent Financial Years
- Query regarding TDS on EPFO Higher Pension Arrears- under wrong section
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- DUE DATE FOR ITR FILING
- Residential status of non resident
- Reporting in TDS return
- Traces submitting correction statement error
- Short Term Gain Reporting ITR
- Taxation on Old jewellery sold
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
