TDS means Tax Deducted at Source

TDS is Deducted on Expenses

Person who deducts TDS is called Deductor

Person whose Tds is deducted is called Deductee

TDS Return is filled by Deductor

Deductor gives TDS Certificate to Deductee

 

Refer

https://www.teachoo.com/942/364/Meaning-of-TDS-(Tax-Deducted-at-Source)/category/What-is-TDS/

 

Who is deductor and deductee in following bill?

Deductor

Answer

RK Electrical Works

 

Deductee

Answer

CA Maninder singh and Associates

Invoice.jpg

 

Who will file TDS Challan and TDS Return?

Answer

RK Electrical Works

 

Who will give TDS Certificate to whom?

Answer

RK WILL GIVE TDS CERTIFICATE TO CA

 

Hindi Video

 

English Video

  1. Tax Practical
  2. Practical Training Demo

Transcript

Who is deductor and deductee in following bill Deductor RK Electrical Works Deductee CA MANINDER SINGH AND ASSOCIATES TAX INVOICE CA MANINDER SINGH AND ASSOCIATES 253 B 1/12 APSARA ARCADE PUSA ROAD,NEW DELHI-110005 GSTIN No 07APAFD8365H1Z9 Pan No. APAFD8365H Bill to Place of Supply INVOICE No Dated RK Electrical Works RK Electrical Works A-240 Palam Vihar, Delhi A-240 Palam Vihar, Delhi MSA-TI-02 01-Jul-18 GSTIN No:-07BBUPS5612K1Z9 Pan No:-BBUPS5612K Description of Services SAC CODE Amount Professional Services for Month of July 9982 100000 Total 100000 Taxable Value 100000 ADD CGST 9% 9% 9000 ADD SGST 9% 9% 9000 Total 118000.00 Amount Chargeable (in words) Rupees One Lac Eighteen Thousand Only For CA Maninder Singh & Associates Company's PAN: AAKFD6723D Authorised Signatory Note-Please make cheques in favor of "CA Maninder Singh and Associates" Who will file TDS Challan and TDS Return? RK Electrical Works Who will give TDS Certificate to whom? RK Electrical Works to CA MANINDER SINGH AND ASSOCIATES

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.