A free lancer doctor has provided some dental service, from one of the hospital where he was called for an operation, he has raised a bill of Rs. 47,000/- out of which Approx Rs. 30,000/- has been spent on purchasing the equipments which has been used for this purpose thus the net amount of professional fees that has been received by the doctor is only approx Rs. 17,000/-.
The hospital is saying that TDS will be deducted on full amount that is Rs. 47,000/- but the doctor is arguing that the TDS should be deducted only on Rs. 17,000/- (the net amount of Professional fees).
Can any one tell me on what amount TDS will be deducted?????
Thanks in advance
CAclubindia
