hi everyone
I need a quick reply for this query
one company X it takes rent & electricity bill but in the same building other company y also work
they paid 50% of electricity bill.
now how should we rise the invoice & what's the sac code & % of gst and any tds comes this case
if it comes under TDS what's the % & section.
thanks
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For sharing Electricity bill same building two companies
Replies (4)
Just a X company raise a debit note on Y company and gst rate for Rent is 18% and TDS U/s 194I @ 10% is applicable if annual rental value exceeds Rs.240000/-
Please rephrase your question. The answer can be given once the query is understood better.
Can we rise the invoice of electricity bill @ 50%
If the agreement is in the name of x then ,x will raise invoice in the name of y.
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