Dear sir
We have business of marble cut pieces tiles. we have hire advocate for legal professional matter and Pay advance Rs.15000 so please advise in which head tally i create the ledger of advocate also can we need Deduct TDS
please suggest
In Your books of accounts (ledger) prepare "LEGAL ANF CONSULTANCY CHARGES under indirect expense...
Yes... Tds applicable if Assessee per ceiling limit...
( Gst will be payable under Reverse Charge Mechanism @ 18%)
CAclubindia
