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Wether TDS is deducted if its jobwork and VAT is charged on
that
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Answer / seswarca
u should deduct tds on bill amount except for service tax on rent u/s 194i remaining all sections u should deduct on gross amount including vat
| Is This Answer Correct ? | 4 Yes | 8 No |
Hi, Please guide me in the TDS calculation. I know the slabs.But I dont have much idea about the deduction part.What is the need of Bsic and HRA while calculating TDS.Also I heard that LIC, Rent etc is excempted from TDS.Please guide me...my email id is tinjusyriac@gmail.com Thanks in advance..
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