Tax deducted at source

Ritik Chopra (student) (8133 Points)

02 April 2021

Is TDS to be deducted on amount includeing GST? Explain with example

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4 Replies

Mohanraj J (1217 Points)
Replied 02 April 2021

No TDS only for sales value.
eg: Gross Invoice 10000
GST 18% 1800
Total Invoice value 11800.
we need to deduct TDS only for 10000

Kapadia Pravin (17264 Points)
Replied 03 April 2021

TDS on amount before GST amount. That is on Invoice amount as reduced by GST as per invoice

Mohanraj J (1217 Points)
Replied 03 April 2021

Correct

CA Akshay Poriya (job in industry) (329 Points)
Replied 03 April 2021

Tds is calculated on pre gst value and other taxes , that is on basic value .

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