This query is : Resolved 

26 September 2023 We are a civil contractor company, we have some schools as our parties when we raise invoice on them they deduct tds on gst portion also which results in difference in Sales as per GST and as per Income Tax. what is the solution.

26 September 2023 Ask them not to deduct TDS on GST.
Pass GST through your p and l.
Your turnover include GST.

26 September 2023 Then we have to pay gst on increase turnover if show turnover including gst.

26 September 2023 No need to pay GST on increase in turnover as the increase is due to GST.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link

Similar Resolved Queries


Unanswered Queries

GST Live 38th Batch (Weekdays) with CA Arun Chhajer GST Live 38th Batch (Weekdays) with CA Arun Chhajer

Follow us

Answer Query