TDS SHULB BE DEDUCTED

sona1 (MANAGER) (351 Points)

03 October 2021  

Dated 03/09/21 we have received a Service invoice (for Welding Charge) Rs.45500+GST(18%)=53690.00 , some items work problem purpose party issue a Credit note  dated 29/09/21 against this  which value Rs. 5000+GST(18%)=5900.00.

Now My Question is TDS 2% (94C) should be  Deducted against which Taxable amount  Rs. 45500   OR 

(45500-5000=40500)?