Service tax & tds ....

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HARI PRASAD (Querist)
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19 September 2013 DEAR SIRS,

i wish to ask you about how to calculate service tax amount for the following figures which was deducted TDS COMPONENT @ 2%

Total amount received as per form 16A 223500 - 4470 = 219030. so in this i want to know how to extract service tax component @ 12.36

please suggest me

CA Parul Saxena online

CA Parul Saxena online

(Expert)
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19 September 2013 Service tax=
223500x12.36/112.36=24585
basic.........223500*100/112.36= 198915
(+)Service tax...................= 24585
Total..............................223500
Less:-TDS............................4470
Amount received....................219030