Sir,
Can I deduct TDS when making a payment to contractor for supplying of Electrical Materials , Testing & Repairing of above Materials. They have provided us an Tax invoice on 10.10.2015 , but we have received the invoice on 16.02.16, including VAT @ 5%.We have already paid Rs.20000.00 on 22.09.15 as advance.Now we are going to pay the final amount.So what is the TDS % if applicable and from which date.
CAclubindia
