I'm working in a Pvt.Ltd company.I wanted to know that Painting Expenses under which Head it 'll come, Wheather it is applicable to Tds or not, How to Deduct it, how to take the entry if Tds applicable..... the total Painting expenses is 12000 and I dont have any bills.
I"m Maintaining as a Repairs & Maintanance.
Please Anybody help me out
1. it depends on where the painting work done
2. if it is the only bill from the party for whole year... than no tds wil b deducted on this...
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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