TDS Deducation

581 views 1 replies

Dear sir

my company is deducation the tds on 10% is it correct or not

Product rate                                                        150000

software                                                                75000

 

total                                                                      225000

service tax @ 10% on 75000                            7725

local vat @ 4%                                                     9309

grand total is                                                     242034

my dout is tds deducated only on (75000+7725=82725*10%=8273) in the amount is deducted is corrected or not

customer paid the amount is 242034-8273=233761 is paid

please calffride my dout sir

Thanking you sir

GOREDDY

 

Replies (1)
Reddy, Sale of goods is not covered under any of the TDS provisioss. therefore, no tds is made on product sales. Item billed as software needs clarity. if it is sale of software, then there is neither service tax not TDS. CA Vishwas +91 95913 18000 itsvishwas @ gmail.com Bangalore


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details