I have receive a work contract invoice form 'M/S Astam Vasu Interior Pvt. Ltd.' an Interior designer firm. In the invoice all details are mentioned i.e material charges, service charges, labour charges etc. Also they have charged work contract tax on whole value and service tax on 70% value. Please tell me on which rate TDS should be deducted on that invoice.
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Tds on interior invoice
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Tax to be deducted on whole invoice value. To avoid deduction of tax on material is to obtain material bills in the name of service receiver and bill only for labour charge to be raised by service provider.
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