Interested to Buy Any Domain ? << Click Here >> for more details...
We are generally give order to the printing company for
printing our uniqe file,calender,sovenour,answer
sheet,envelop etc, when company submite the bill it charge
the bill includes vat@4%, so can we deduct the TDS on total
invoice value or only cost amount (exclude the vat).
- 8 Answers
- 25395 Views
- I also Faced
- E-Mail Answers
Answer Posted / evangalin
Under section 194 c TDs to be deducted for the whole amount
including the VAT. No where said to deduct TDS on the net
amount.
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
what is Bank Stock Statement and which companies required bank stock statement, how can we make the bank stock statement
What is the date of depositing entry tax and submission of return?
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.
A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
what was the VAT rate on inverters(home ups) in karnataka on 2016??
