Recently CBDT has issued a notification dated 17.01.2014 regarding No TDS to be deducted on Service Tax payable amount.
According to me, the effective date of this notification will be the date on which it is issued as nothing regarding its applicability has been stated.
I would like to know what treatment should be given if the 1) Bill date is before the date of notification and payment has not been made? 2) Payment has been received in advance but bill date is after the date of notification?
CAclubindia
