Deduction of TDS and Vat Liability

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..... My Company is executing a civil job in State of AP (a project of constructing a building for a power project). The billing with my customer is on milestone basis (i.e. Billing is on % completion of bu .....

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..... ilding). How would the customer deduct TDS on my final billing. Further how to take care of VAT liability on selling point. - Reply By Ravi Chopra - The Reply = TDS is required to be deducted on amou .....

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..... nt credited or paid basis. So the customer is required to deduct TDS as per the basis of treatment in his books of account. - Deduction of TDS and Vat Liability - Query Started By: - Jaimin Shah Date .....

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..... d:- 3-7-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma .....

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..... nagementindia.com - TMI - TaxTMI - TMITax .....

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