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Mrinmoy (Software Engineer)     15 December 2014

Tax deduction on invoice?

My company provides software services. I sent an invoice of  Rs. 30,000 to one of a client company. The client company deducted Rs. 3,000 as tax. I provided our service tax registration number also in the invoice. I think that, they should not have deducted any amount.  I am not sure. Need your help.



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 1 Replies

Hardeep (Business)     15 December 2014

This is TDS Deduction and will be done. Company should provide you with TDS Certificate at end of financial year ( you can also check via your Company's PAN Number yourself on the Web.. ) and you should account for the same while filing your Company's IT returns.

 

DISCLAIMER : General information and advice provided is without any warranties as to suitability for any use, correctness and application to any specific case. Please always take proper legal counsel . However, if it helped anyone even a little a " thanks" via the " Thank Contributor " button would be appreciated and would encourage me to keep on making efforts :-) . I am also always open to corrections and further learnings from more experienced Seniors here.

 


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