WHAT IS TDS DEDUCTIBE VALUE

Respected Sir,
Replies (5)
Quick Summary
This discussion clarifies the TDS deductible value, explaining it's the gross amount on which Tax Deducted at Source (TDS) is calculated. Specifically for transport bills, the TDS is deducted only on the freight value, not the total bill amount including other charges like insurance or loading/unloading.

Tds deductible value is that gross value on which tds is to be deducted to arrive at net value

Respected Sir,
Sir query is that:
                              If a transport bill contains.
FREIGHT                                                             13560
INSURANCE                                                            650
LOADING/UNLOADING CHARGES                      300
OTHER CHARGES                                                   200
TOTAL                                                                  14710

Now, what is TDS deductible value ? Grand total 14710 or freight value 13560?

Please give response,

Thanking you.

TDS to be deducted on freight value onle 13560.
Gross value means 13560
Deductible TDS value is 13560/-

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