sir, i have charged labour charges with material bill to x
party for Rs.211000/- plz explain me how much TDS amount
will deducte by party..
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Answer Posted / sachin
According to income tax ready recknor, if in the same
invoice party has mentione the labour charges separately
then the TDS to be deducted on the labour charges only & if
they did not mention separately the charges of labour then
the TDS should be on Invoice Value.
| Is This Answer Correct ? | 21 Yes | 5 No |
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