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
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.
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