LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

TDS MATTER

Querist : Anonymous (Querist) 04 June 2010 This query is : Resolved 
DEAR EXPERT

KINDLY ADVICE THE FOLLOWING MATTER

WHEN A CONTRACTEE SUPPLIES DISEL TO CONTRACTOR FOR CARRYING OUT THE CONTRACT AND THE CONTRACTEE BOOKED THE DISEL AS HIS EXPENSES WHETHER TDS IS TO BE DEDUCTED FROM THE BILL AMOUNT OR THE BILL AMOUNT AND THE VALUE OF DISELS SUPPLIED TO HIM

REGARDS
Report Abuse
soumitra basu (Expert) 04 June 2010
If the contractor include the value of disel in his bill, in that case TDS has to be deducted on the Gross Bill. In other case TDS shall have to be made on the valued credited in the name of the contractor.
Jagmohan Rawat (Expert) 08 June 2010
TDS will be deducted on the billed amount and the contractor cannot consider deisel suppied by you in his bill.

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!