T d s

This query is : Resolved

P. RAJASEKHAR (Querist)
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06 January 2013 Sir,
A Bill for repairing/servicing the Measuring Instruments, received for 60,000 + Service Tax @ 12.36% : 7416 = Total 67,416.
Now, can TDS be deducted @ 10% : 6,742 from the Total Bill, Form 16 will be issued accordingly, please clarify. With thanks.

P. RAJASEKHAR

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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06 January 2013 Yes , it is correct TDS should be deducted on the amount including service tax because section 194 C says that "any SUM payable to resident" thus sum payable to person would attract TDS on whoule amount

P. RAJASEKHAR

P. RAJASEKHAR (Querist)
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06 January 2013 Sri. Chandra Kishor Bajpai,

Thanks for your valuable suggestion.

P. RAJASEKHAR

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