Sir,
Tax deduction is applicable for which situation?
for sale invoice amount when we paid , we need to deduct tax?
Menu
Tds for invoice
Replies (4)
No TDS over goods purchased ....
sir,
we do dth installation for service providers, for that 1 installation we charge 200/- so , we make a invoice to them for example. 1000 installations , so the invoice value is Rs. 200000/- + gst 18% we collect and pay. In here we need to deduct tax for that 200000/- @ 2% (for pvt ltd co.) in that same invoice and need to pay with their pan Right sir???
You are service provider. Its not your liability to deduct TDS under IT act. TDS deduction liability is over service receiver, i.e. who make payment.
THANKS SIR FOR VALUABLE REPLY.
Recent Topics :
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
Related Topics :
CAclubindia
