Processing Charges + VAT = Total Amount
How to Deducted of TDS including VAT or Not Including VAT?
Menu
Vat and tds
Replies (4)
TDS will be deducted on the amount paid Or credited to the vendor. In this case including VAT. Please note that if there is only supply then no TDS U/S 194C. kindly revert.
tds is deducted on income part of the seller, so without vat tds is deducted
For service tax there is nitification but for VAT there is no such exemption.
Yes TDS needs to be deducted along with VAT
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
