please clarify on which amount of invoice TDS is deducted under income tax act is whether on taxable value orr total invoice value (including gst)
under 194 C and 194 I (Rent paid on
machine).
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On which amount TDS is deducted under income tax
Replies (6)
Quick Summary
To be paid on taxable value only.
Tds is deducted on the amount excluding GST
Always gross amount excluding any nature of tax or cess
On taxable value without including GST amount
only taxable value without GST
The tds is to deducted on Taxable Value (i.e. excluding GST)
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