When calculating tds on bill ,TDS need to be calclated on "Base Amount&qu

When calculating tds on bill ,TDS need to be calclated
on "Base Amount" or "Base Amount"+ "Vat Amount" ? please
answer with relevant provision

Question Posted / harshad

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When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Am..

Answer / seswarca

for tds purpose u have to consider entire bill including tax

for sec 194i u have to consider only rent without service tax for remaining all sections u have to consider total amount

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3 Yes

0 No

When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Am..

Answer / deepak bendwal

vat is calculate on purchase value
if you have purchase steel of rs. 10000/-
vat rate @ 4% 400/-
total bill amount is ____
10400/-
entry of above material in purchase ledger
xltd.a/c dr. 10400/-
to purchase a/c 10000/-
to input tax 4% 400/-
------- --------
10400/- 10400/-
(being steel purchase @ 4%)

Is This Answer Correct ?

2 Yes

1 No

When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Am..

Answer / sohail

Only one thing u deduct no tds on purchase bill TDS deduct
only on contract not purchase

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1 Yes

0 No

When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Am..

Answer / mayur gaikwad

TDS NEED TO BE CALCLATED ON BASE AMOUNT + VAT AMOUNT

Is This Answer Correct ?

1 Yes

1 No

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