A Local authority in the state of Madhya Pradesh entered into a contract in June, 2025 for supply of stationery items with Mr. Shankar a registered…
CA Intermediate · Taxation · PYQS · January 2026
A Local authority in the state of Madhya Pradesh entered into a contract in June, 2025 for supply of stationery items with Mr. Shankar a registered person under GST in Puri, Orissa. The total contract consideration is 300000 (inclusive of GST). Out of total consideration, the Items worth 4000are exempt. The Rate of IGST is 18%. The amount of TDS to be deducted by the Local authority:
Suggested Answer and Working Notes:
Correct Answer: Option (D)
₹ 5,017
Topics: Paper 3A: Income Tax Laws
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