Tds return

This query is : Resolved

CHIRAG (Querist)
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21 January 2014 Dear Sir,
I would like to know which amount should be considered while entering the transporter details in TDS Returns (i.e. Amount excluding service tax or the amount including service tax)?
P.S. The assessee does not have service tax registration.

CA Deven

CA Deven (Expert)
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21 January 2014 As from the recent circular TDS is applicable only on value excluding Service tax.

You need to mention only the consideration paid in the TDS return i.e Excl. Service Tax

If you are filing return foe Q-3 of A.Y 2014-15 then Incl. ST as the circular is not applicable at that time.

Ganeshbabu K

Ganeshbabu K (Expert)
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21 January 2014 Agree with reply of above expert
..
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Circular which says no tds on servicetax which comprises payment tovresidents was
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Circular 1/2014 dated 13.01.2014
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How ever u have to give nil rate against tag T for transporters so it will not be a problem

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