TDS
This query is : Resolved
28 April 2011
Dear Sir,
1) I want to know weather TDS is Deductable on Gross amount or not in the following situation :
U/s 194J:Prof. Fess
BILL
P.Fees Rs.50000
Pocket Exp Rs.50000
TOTAL Rs.100000
Add: Service Tax @10.3 10300
Total Amount is Rs.110300/- as per BILL
2)Named the Section on which TDS are deductable on Gross Amount i.e..inclusive of Service tax
1) I want to know weather TDS is Deductable on Gross amount or not in the following situation :
U/s 194J:Prof. Fess
BILL
P.Fees Rs.50000
Pocket Exp Rs.50000
TOTAL Rs.100000
Add: Service Tax @10.3 10300
Total Amount is Rs.110300/- as per BILL
2)Named the Section on which TDS are deductable on Gross Amount i.e..inclusive of Service tax
28 April 2011
TDS DEDUCT ON BASIC AMOUNT i.e. PROFESSIONAL FEES. WHEN ARE YOU TDS RETURN YOU ARE BASIC PAYMENT i.e.50000/- x10%(tds)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- Not a CA , can we prepare balance sheet
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Is income taxable or receivable or received in case of LLP and company
- Is receivable or recoverable same thing
- Bifurcation of prepaid expenses
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
