Menu
Composition scheme tds
can a composition scheme holder can avails tds to set off its tax liabilities
Replies (3)
Composition Dealer has to pay fixed persentage of tax on Turnover , No ITC , No Set off .
But if government agency has deducted tds while payment then why not he can avail because he is already paying fix percentage in gstr
After accepting the TDS Credit in GST portal, it will credit the same in Electronic cash ledger.
Then you can utilize accordingly.
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
