TDS ON GST INVOICE(ADVERTISMENT PAYMENTS)
This query is : Resolved
09 November 2023
Dear Experts
Greetings...!
We have certain doubts in TDS deduction & filing , we seek your clarifications-
1. Whether TDS to be deducted on gross (excluding GST) or on final invoice value (which is final payable amount to us)?
2. In TDS return, gross less TDS or final invoice less TDS value to be entered "Amount paid/credited to deductee" column?
3. If we deduct from Gross, then in TDS certificate(form 16A) showing gross less TDs amount as paid amount instead of total paid amount. Which is correct?
4. Can we able to deduct some months in gross and after that on total final invoice(including GST) after receiving a verdict from our advertisement supplier that GST & TDS were included in their service( they show GST split in Tax Invoice)?
Greetings...!
We have certain doubts in TDS deduction & filing , we seek your clarifications-
1. Whether TDS to be deducted on gross (excluding GST) or on final invoice value (which is final payable amount to us)?
2. In TDS return, gross less TDS or final invoice less TDS value to be entered "Amount paid/credited to deductee" column?
3. If we deduct from Gross, then in TDS certificate(form 16A) showing gross less TDs amount as paid amount instead of total paid amount. Which is correct?
4. Can we able to deduct some months in gross and after that on total final invoice(including GST) after receiving a verdict from our advertisement supplier that GST & TDS were included in their service( they show GST split in Tax Invoice)?
09 November 2023
1 TDS to be deducted on gross (excluding GST)
2 Gross excluding GST including TDS.
3 Including TDS is the right amount.
4 File revised TDS return for the earlier period.
2 Gross excluding GST including TDS.
3 Including TDS is the right amount.
4 File revised TDS return for the earlier period.
06 December 2023
You are welcome..
..
..
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Gift of mutual fund units to daughter
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- TDS ON CASH WITHDRAWALS...
- Form 10BD Filling
- Not able to file ITR
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
