calculate tds

ajaykt_2000

hi all

i want to deduct tds on main amount
i have a amount of rs 1000.00 and service tax 120.00 but system (nav4.0sp3) calculate tds on 1120.00 but i want to calculate tds in 1000.00
pl tell me if there any option

ajaykt_2000

hi experts
pls give me solution




thanks in advance

amitmehta

ajaykt_2000 wrote:

hi all

i want to deduct tds on main amount
i have a amount of rs 1000.00 and service tax 120.00 but system (nav4.0sp3) calculate tds on 1120.00 but i want to calculate tds in 1000.00
pl tell me if there any option

Hi Ajay,

TDS will be deducted on bill amount payable to vendor. Say in case of audit bill it will composite of audit fees + Service tax.

Bye..
amit

ssingla

TDS will be deducted on bill amount payable to vendor. Say in case of audit bill it will composite of audit fees + Service tax.

This is the correct legal way to deduct TDS.