Tds deduction
This query is : Resolved
30 July 2012
HI all,
May i request you to please guide me on the following :
ABC co. has taken services from lawyer needs to pay the service tax under reverse charge. Is TDS deductible on amount Including Service tax or only on the bill amount( i.e excluding service tax.
Thanks.
May i request you to please guide me on the following :
ABC co. has taken services from lawyer needs to pay the service tax under reverse charge. Is TDS deductible on amount Including Service tax or only on the bill amount( i.e excluding service tax.
Thanks.
30 July 2012
Tds amount shall be deducted on amount inclusive of S. tax, if payment is covered under section 194C and 194 J, so in your case TDS should be deducted on amount inclusive of Service TAx.
Hope ur Query is resolved.
Hope ur Query is resolved.
Message likes :
1 times
31 July 2012
Hi aadish,
What if the Service Provider does not charge Service tax in his bill.
And i have to deposit the service due to applicability of Reverse charge.
What if the Service Provider does not charge Service tax in his bill.
And i have to deposit the service due to applicability of Reverse charge.
31 July 2012
TDS as u know, what does it mean, TDS on income, so where service receiver has to pay tax due to reverse charge mechanism, TDS is to be deducted on amount of bill, i.e exclusive of service tax.
Hi mansi ....Hope your Query is resolved.
Hi mansi ....Hope your Query is resolved.
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- 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
- TDS on purchase of value vouchers for employees ?
- 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
