Dear Members,
can you please clarify, whether TDS to be deducted on the "Basic value" or "Total amount including GST" where invoice issued by supplier for the services provided by him under section 194C of income Tax Act.
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TDS on GST portion
Replies (4)
Value Excluding GST.
It will be deducted on value excluding GST.
Value excluding gst.
you cannot charge tds on gst
tax on tax is not applicable.
you cannot charge tds on gst
tax on tax is not applicable.
Thank you Mr. Aakarsh ji and Sabyasachi ji.
But I think no provision either in Income tax or GST clarifies it. So if you can provide the base then it ll be helpful.
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