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Tds on deductions

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2015 One of professional service provider has raised bill of Rs.5 lacs.
We have to deduct Rs.2 lac (against previous bill already paid after deducting tds of Rs.20000, the same was related to other service which was not properly provided as per agreement & not pertaining to Rs.5 lac bill as above)

So, net payment will be Rs.3 lacs
whether tds is deductible on Rs.5 lac or Rs.3 lac ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
26 May 2015 If no liability in your books available for the balance 2 lacs deduct TDS on 3 lacs.
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
26 May 2015 Amount of expense u book in ur books, deduct tds on same.
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