Sir,
we have issued contract work for Rs.50,00,000/- and we have paid mobilization advance of Rs.2500000 (including service tax value) my question is while accounting the bill we have to deduct TDS including service tax value which is paid in mobilization advance as we are deducting 10% mobilization advance in the bill.
pls suggest to my mail id jeelanbashas @ rediffmail.com
Jeelan Basha.
TDS is not deducted on service tax amount...
deduct tds excluding service tax if service tax amt is given in bill
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