06 April 2013
tds is to be deducted on the basic amount and service tax, but except in rent case. but Let take 2 case study 1)if 100+12.36 is the bill amount & tds is deduct at Rs.11.24 then how much amount of service tax should be paid either Rs.12.36 or Rs11.124(12.36-1.236)??? & 2)if Rs.90 is received as advance fees agter deduction of tds of Rs.10 then how much service tax will be paid to gov?
CAclubindia
