23 August 2008
author : Narendran Posted On : 8/23/2008 8:33:16 AM During the time of calculation of TDS, whether service tax to be consider? ( Whether service tax to be included in the payment at the time of calculation of TDS or to be excluded)
Expert : S.Srinivasaraghavan Posted On : 8/23/2008 9:23:01 AM Yes except in the case of Rent as clarified by IT department.
Again the same point Service Tax is "Not" to be Considered Because that not income of the person.
23 August 2008
Yes you are absolutely ight in your views but our gr8 CBDT thinks in other ways......thats why they hv only excluded ST on rent for TDS purpose.
and its a question of debate that when ST on rent is not the income of receipient than how ST on other services cud be treated as income.
CAclubindia
