HELLO,
ONE OF MY CLIENT IS DOING PRINTING JOB FOR BIG COMPANIES, HE IS INDIVIDUAL AND LAST YEAR HIS BOOKS OF ACCOUNTS WERE AUDITED U/S 44AB. IN HIS PURHCASE BILL IN DELHI, VAT IS APPLICABLE ON 80% OF THE BILL REAMINING 20% IS TREATED AS JOBWORK. THE AMOUNT OF SUCH JOB WORK EXCEEDS RS. 50,000. IS TDS APPLICABLE ON THAT.
THANK YOU.
CAclubindia
