25 September 2008
Hi, my name is Rajneesh Jaiswal. My question is, on what amount is TDS deductible in case of a professional fees it is only on the amount of professional fees or is it on the gross amount including service tax. E.g. professional fees amount is Rs. 18,000/- and service tax is Rs. 2,225/- making the total bill amount to Rs. 20,225/-. On what amount is tds deductible Rs. 18,000/-or Rs. 20,225/- and if this is the only payment for the whole is tds deductible at all becoz the bill amount is Rs. 18,000/- (less than Rs. 20,000/-) also pls give section reference. Thanx
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