I have received service bill of annual day function it contain as below.
A)material & vendor cost. 1000
B)professional service. 2000
Total of A&B 3000
proforma invoice
50% of 3000= 1500
at the time of advance payment to supplier not mention as above on proforma invoice of 50% (1500)
I have deduct TDS on total amount .
my question is that which amount is applicable for TDS on Tax Invoice.
supplier is individuals but he mention on his invoice 1% tds deduct.
Is the vendor registered under gst Act.
under works contract tax act.
CAclubindia
