Works contract -tds

CA.Varalakshmi.M (Manager-Finance) (482 Points)

07 December 2012  

Hello All,

Catering service includes both goods part and service part.

If seperate bill is available for goods and service part ,we deduct TDS only on service portion only.

What if seperate bill is not available? do we deduct TDS on total bill or 40% of amnt ?

please clarify.

Thanks u all.