Tds on corporate trainer providing

Hello, We are a company that provides trainers to companies from a pool of trainers registered with us. Needed to know if a company pays us Trainers Fee + Our Service Fee will TDS be deducted on it. As when we pay the trainer we will be deducting TDS on it. Calc if TDS is deducted by company: Company to Vendor(Pvt. Ltd) Content Rate Value Invoice value(Input amount only on this cell) 0 100000 Vendor Comission(Fixed) 0 1000 Total payout before GST 0 101000 GST 18% 18180 Total Invoice value 0 119180 TDS Deduction 2% 2020 Final Payout to Us 0 117160 Vendor to Trainers Invoice Value 0 100000 TDS Deduction 2% 2000 Final Payout to Trainer 0 98000 GST to Govt. on invoice value 18% 18180 Total Payout to Trainer +GST +TDS To Govt. 118180 Final Earning to Vendor(Befor Tax filing and getting TDS Return from Govt.) -1020 It will be a great help if anyone could give us a solution for this



Your are not logged in . Please login to post replies

Click here to Login / Register  


Search Forum:


  LAWyersclubindia Menu