TDS on govt. contracts
alokmantri1997@gmail.com (24 Points)
02 November 2017alokmantri1997@gmail.com (24 Points)
02 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195291 Points)
Replied 03 November 2017
TDS is Tax Deducted at Source...........
TDS is deducted either under GST act or Income Tax act.........
By flling corresponding returns as per the act.......... the assessee can claim the TDS deducted against payment of tax liability, if any........ or ask for refund........
E.g. TDS deducted u/s. 194 C of income tax can be claimed by filling income tax annual return of that AY.
alokmantri1997@gmail.com
(24 Points)
Replied 03 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195291 Points)
Replied 03 November 2017
Yes, for TDS/TCS under GST act
alokmantri1997@gmail.com
(24 Points)
Replied 03 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195291 Points)
Replied 03 November 2017
Thats only for GST act; but TDS u/s. 194C of IT act deductible...........