Confused in form 26as.

This query is : Resolved

Hasham Ayub Khan (Querist)
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28 June 2014 SIR I HAVE A FORM 26AS WHICH SHOWS
RENT INCOME RS. 910116 (as per form 26AS)
TDS RS. 18202 (SECTION 194C)
SERVICE TAX 12.36%

BUT ACTUAL RECEIVED IS RS. 891914 (as per bank statement)

PLESE HELP ME TO BIFURCATE THE AMOUNT IN
TDS?
SERVICE TAX?
RENT RECEIVED?

WHICH FORMULAS TO B USED

Ganeshbabu K

Ganeshbabu K (Expert)
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30 June 2014 (A)Rental Income = 8,10,000

(B)Service tax @12.36%=1,00,116

(C)TDS @2% on 18202

Bank statement amount =A+B-C=8,91,914

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Hasham Ayub Khan

Hasham Ayub Khan (Querist)
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30 June 2014 THANX FOR THE ABOVE REPLY BUT IN THE FORM 26AS OTHER RENT SHOWS SOMETHING TOO DIFFERENT WHICH SHOWS
RENT INCOME RS. 540000 (as per form 26AS)
TDS RS. 54000 (SECTION 194IB)
SERVICE TAX 12.36%
BUT ACTUAL RECEIVED IS RS. 552744 (as per bank statement)
PLESE HELP ME TO BIFURCATE THE AMOUNT IN
TDS?
SERVICE TAX?
RENT RECEIVED?
WHICH FORMULAS TO B USED

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Ganeshbabu K

Ganeshbabu K (Expert)
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30 June 2014 194IB is tds on rent for land building and etc.,
.
.
Hence,

(A)Rental income = 540000
(B)tds=54000
(C)servicetax=540000*12.36%=66744
.
.
amount in bank statement=A-B+C=552744

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