11 March 2014
As per recent notification now TDS has not to be deducted on the amount of service tax. So can anyone tell me whether it is applicable on 194J only or on all the sections of TDS?
11 March 2014
As per CBDT Circular No.1/2014, no TDS is required on Service Tax if the amount of service tax is separately mentioned in the invoice as per the terms of Agreement between the payer and the payee. The agreement may be verbal but the amount of service tax should be shown separately in the invoice.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
11 March 2014
Means it is applicable on all types of payments..??