I wanted to know the value on which tds is to be deucted u/s194Q is it invoice value or taxable value.
what if we don't know the breakup can tds be deucted on invoice value
Menu
194Q amt on which tds is to be deducted
Replies (6)
Quick Summary
I think you deduct Tds on taxable value not invoice value
can we deuct tds n invoice value if taxable value is undetermeinable
If GST is not separately mentioned on the invoice, then tax to be deducted at source u/s 194Q on total value of the invoice.
Agree with Poornima ji
TDS should be deducted on taxable value
If GST is not separately mentioned on the invoice, then tax to be deducted at source u/s 194Q on total value of the invoice, otherwise on taxable value
Recent Topics :
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
Related Topics :
CAclubindia
