TaxTMI 
TaxTMI 
TDS SCHEDULE IN ITR3 FILL?
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....DS SCHEDULE IN ITR3 FILL?<br> Query (Issue) Started By: - Kush Lodha Dated:- 15-12-2021 Last Reply Date:- 17-12-2021 Income Tax<br>Got 2 Replies<br>Income Tax<br>Hello Sir, I am a contractor working ....
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....with Govt Departments, now the Govt department has deducted TDS on Invoice Value. While filing ITR-3 i am taking my Turnover as 1 Cr. (excluding GST) in P/L A/c. But TDS has deducted on 1.18 Cr (inclu....
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....ding GST) by almost all the recipients. The problem is how to fill Schedule TDS2 as the corresponding receipt offered to tax against all the parties should be Basic Value i.e. 1 Cr. or Invoice Value a....
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....s 1.18 Cr. If i show 1Cr. it will be under mentioning of receipt and if i show Invoice value then the total of such receipts exceeds my Turnover. Please help. Thanks & Regards, K L Reply By PAWAN ....
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....KUMAR: The Reply: Dear sir, as per my view you need to show the revenue booked in your PL. the same treatment was under service tax regime. Reply By Kush Lodha: The Reply: thanks a lot sir.. It me....
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....ans that in Schedule TDS in ITR i do have to mention 1 cr. as receipts and claim tds fully (i.e. on ₹ 1.18 Cr.)<br> Discussion Forum - Knowledge Sharing ....