Tds on materials & labour
This query is : Resolved
12 May 2015
Sir
Normally we are deducting TDS for Labour bills and not for materials. My management having confusion that why there is a difference. They want clarify for levying TDS issue.
Normally we are deducting TDS for Labour bills and not for materials. My management having confusion that why there is a difference. They want clarify for levying TDS issue.
12 May 2015
because there is no servcie element in purachase of material where vat is already charged as materials are goods and labour provides service hence on tds on material purchased.
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