tax deducted at source
This query is : Resolved
12 March 2008
our is a pvt ltd company-
pl clarify whether the following payments attract TDS, if so mention section :
1] Travel agent invoices for booking Air Ticket for foreign travel and inland travel
2] Road transport bill[of GTA] on import of machineries, amount Rs 1,80,000/- ; paying service tax @ 3.09 %, if tds is to be made then what about tds on service tax amount
awaiting your response
pl clarify whether the following payments attract TDS, if so mention section :
1] Travel agent invoices for booking Air Ticket for foreign travel and inland travel
2] Road transport bill[of GTA] on import of machineries, amount Rs 1,80,000/- ; paying service tax @ 3.09 %, if tds is to be made then what about tds on service tax amount
awaiting your response
12 March 2008
TDS will not be levied for point (1)
13 March 2008
Agree with Mr. Gopal Sonika. Point 1 does not appear to fall under TDS provisions.
It is a normal practice to deduct TDS on the gross amount(ie. including Service Tax)
It is a normal practice to deduct TDS on the gross amount(ie. including Service Tax)
13 March 2008
Reg Point No 2,Tds is to be deducted only on transportation bill & not on service tax amount.
13 March 2008
1.)NO TDS ON INVOICE AMOUNT ,ONLY IF THE BROKERAGE OF AGENT EXCEEDS THE LIMIT THAN TDS U/S 194H
2)TDS U/S 194C ON TOTAL BILL AMOUNT EXCLUDING SERVICE TAX
2)TDS U/S 194C ON TOTAL BILL AMOUNT EXCLUDING SERVICE TAX
13 March 2008
No Mr Praveen please go thru the circular 715 dated 1995. No where it is mentioned that TDS shall not be deducted on service tax. Please note the words "any sum".
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
Trending Online Classes
CAclubindia
