Tds amount liable for service tax.
This query is : Resolved
25 May 2015
Hello Friends
If my client Rented a property of Rs. 100000/- Per Month and amount received 90000/- after deducting TDS @ 10% u/d 194I. then on which amount we should charge Service Tax i.e. on Rs. 100000/- or Rs. 90000/-
Waiting your reply
Thank You in Advance.
If my client Rented a property of Rs. 100000/- Per Month and amount received 90000/- after deducting TDS @ 10% u/d 194I. then on which amount we should charge Service Tax i.e. on Rs. 100000/- or Rs. 90000/-
Waiting your reply
Thank You in Advance.
25 May 2015
The service tax implication is fall on the full amount i.e. Rs. 100000 because your client ultimately receive the whole amount The TDS amount also part of receipt. Hence service tax applicable on whole amount
Message likes :
1 times
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
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Disallowance of Section 43B(h) to sez units
- GST Regis.
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- REGARDING ACCOUNTING CODE FOR SERVICE TAX PAYMENT
- Redevolpment of bldg in mumbai
- Refund of AY 22-23
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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?
Trending Online Classes
CAclubindia
