We are a consultancy firm and while charging the client there are two parts 1. Contract Value 2. Service Tax The Client is deducting TDS on the total amount Invoiced by us. Please tell me should the client deduct TDS on the Contract Value or the total value which includes Service Tax
12 November 2008
TDS will be deducted on gross value
Guest
Guest
(Expert)
12 November 2008
yes i fully agree with the view of Sri S.Srinivasaraghavan , TDS is to be deducted on full value including S.Tax ,except in the case of rent.