Tds on amc
This query is : Resolved
29 July 2011
Dear All,
I wanna know that i have given AMC of xerox machine on per copy expenses, rate of per copy is fixed as per mutual understanding. Our contractor issue bill in such a way.
1.80% of the bill is the cost of Ink, on which he charges the Value Added Tax.
2.20% of the bill is the service charges, on which he charges the service tax.
Would u please clear should i deduct TDS on 100% value of bill or 20% of bill
Regards
I wanna know that i have given AMC of xerox machine on per copy expenses, rate of per copy is fixed as per mutual understanding. Our contractor issue bill in such a way.
1.80% of the bill is the cost of Ink, on which he charges the Value Added Tax.
2.20% of the bill is the service charges, on which he charges the service tax.
Would u please clear should i deduct TDS on 100% value of bill or 20% of bill
Regards
30 July 2011
if vendor raise the bill for material and service charges differently, then you need to deduct only service charge bill 20% only
but if vendor raise the bill combined together then need to deduct on total bill value of 100%
but if vendor raise the bill combined together then need to deduct on total bill value of 100%
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- TDS on Fixed Assets purchased
- TDS on purchase of under construction property from a reseller
- GST Intimation due to Government took possession of Business Premises under PPE Act
- GST ISSUE OF INPUT AND OUTPUT GST
- Change Of Karta In Case of Death
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
