23 December 2008
Whether the TDS should be deducted on gross amount (including CST,VAT Custom etc.) or it should exclude & only on the net amount. Please quote the circular reference if any.
23 December 2008
As per section 194 c it si specifically mentioned that the amount as included in the bill. it is the gross amount which including vat , cess service taxes etc.we have to deduct the TDS on the final bill.
23 December 2008
AS PER SUPREME COURT CIRCULAR ISSUED IN SOMEWHERE JAN / FEB THIS YEAR TDS ON RENT TO BE DEDUCTED ONLY ON NET RENT & SERVICE TAX NOT TO BE INCLUDED THERE ON FOR DEDUCTION OF TDS
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