Easy Office
Easy Office

Tds deduction inclusive st or excluding st

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 October 2015 Sir/Madam,

PL REFER GIVEN BELOW IS ONE CASE:

CONSULTATION BILL RECEIVED. WHEATHER
TO DEDUCT TDS ON 57,000 OR ON 50,000.

IN THIS CASE WE ARE AVAILING MODVAT
ON SERVICE TAX.


SERVICE BASIC AMT Rs.50,000

ST @ 14% Rs. 7,000
______
Total Rs.57,000
======

PLEASE ADVISE,

REGARDS
Profile Image

CA AnKiT BoHrA (AB)

Profile Image

CA AnKiT BoHrA (AB) (Expert)
24 October 2015 deduct tds on fees amount i.e. 50000
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
24 October 2015 As per CBDT circular 1/2014 dated 13-1-2014, income tax need to be deducted on Rs. 50,000 only.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links