Plz Reply,
We have deducted TDS on job work of Rs 100000/- @ 1% i.e Rs 1000/- on 2.feb.12,, now on 17.2.12 we raised debit note to the party for fault in work of Rs. 40000.
Now plz guide me that what will be the treatment for TDS on this debit note raised, because now the net bill is of RS. 60000 on which TDS should b Rs 600, but as we have already deducted Rs 1000/-, so what is the treatment regardibg this.
Thanks & Regards..
DEAR SIR
AP NE RS 100,000/-( ONE LACS) PE TDS DEDUCT KAR LIYEA HAI 1% RS 1000/-, BUT ACTUAL AMT RS 60,000/- ISH AMT PE TDS RS 600/- BANTA HAI. APP NE RS 1000/- DEPOSITED BE KARA DIYEA HAI.
APNE JO AMT EXCESS DEPOSIT KARA DIYEA HAI RS 400/- (FOUR HUNDRED) USH AMT KO SAME WORK CONTRACT SE MATLAB KISI AUR PATY KA AMT UTNA AMT SE KAM DEPOSITED KAR DE. RS 400/- ADJUST KAR DE. YA USHKO EXCESS DEKHA DE KE EXCESS DEPOSIT KAR DIYEA.
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