TDS for this bill??

Dear Kirti.

The amount on which TDS is to be applied i Rs.117800

hi, kirti i think TDS deducted on Rs164800 /

Hey Kriti if In the Invoice Material Expenses are seperately Mentioned than the TDS will be charged upon Service Charges + Service Tax + Transport Charges + Reimbursed Exp i.e Total Rs 117800. and if there is no seperate bill for the amount of material than on the whole amount including material.

Dear Kirti,

The TDS is to be deducted on the amount of services and any amt. in lieu of the receiving those services, Generally TDS is not to be deducted on the re-imbursement of expenses. In your case the material charges of Rs. 50,ooo has no effect of TDS (AS u received invoice mentioning the material part saperately -as information, lets move to Service charges.

1. Professional services + Service Tax+Transport Charges.

No TDS needs to be claimed on the Outof pocket expenss- since the invoices of out of pocket expenses are in your name only.

Agree with Mr. Mukund TDS is to be deducted on amount 117800/- .

AGREE WITH ALL EXCEPT AJAY LOHIA

If the said bill is for the works contract , on wat amt should be tds if  material and service charges are mentioned separately ?
 

TDS will be deduct on Rs. 117800/-

Yes mukund is absolutely correct.

EXception

Payment made to the trasporter, TDS is not required to be deduct if PAN is Provided by the transporter

TDS WILL BE DEDUCTED ON 117800

Originally posted by : kirti
	hi  my company received a bill as below: materials used  50000 vat @ 4%   2000 services provided 100000 service tax  10300 transport charges 5000 reimbursement expenses (other than tax) 2500  what shld be the tds amount? pls reply asap.

 As rightly mentioned by many members that TDS should be deducted excluding Purchase of any material or asset. For this there is a judgement in Haryana Power Generation Corporation Ltd v ITO (2007) 

thanks  for  your prompt reply. appreciate it!!