Poonawalla fincorp
Poonawalla fincorp

TDS on professional fee

This query is : Resolved 

11 January 2011 If our one consultant submitted his professional bill and in that bill with consultancy charges he will charged transport cost separately. On what amount TDS will be deducted i.e on gross amount or only consultancy charges and same with service tax i.e on what amount service tax will be charged. pls explain

11 January 2011 If its a combined bill.... TDS on gross amount should be deducted.

11 January 2011 Ideally he should raise 2 bills.

1. > Professional services PLUS service tax

&

2. Only reimbursement of transportation charges.


11 January 2011 In the separate bill scenario.... TDs would be deducted from 1 only



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