Sec 194j
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 January 2012
TDS Dedctable on Profe.Fee.
Wether deduct on including Service Tax and Cess or excluding Swervice tax and cess
Wether deduct on including Service Tax and Cess or excluding Swervice tax and cess
13 January 2012
TDS to be deducted on amount Inclusive of service tax and cess i.e. on Total Bill Amount.
As per Circular No.4/2008 dated 28.4.2008, it was clarified that TDS on rental payments would be required to be made only on the basic rental amount without including service tax. In other words, TDS should not be made on the service tax portion of the rent. However, this analogy is not applicable to TDS under other sections.
In short--
For 194I - Deduct TDS on amount excluding service tax.
For other section - Deduct TDS on amount including service tax.
As per Circular No.4/2008 dated 28.4.2008, it was clarified that TDS on rental payments would be required to be made only on the basic rental amount without including service tax. In other words, TDS should not be made on the service tax portion of the rent. However, this analogy is not applicable to TDS under other sections.
In short--
For 194I - Deduct TDS on amount excluding service tax.
For other section - Deduct TDS on amount including service tax.
13 January 2012
TDS @10% has to be deduct from the whole bill amount
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