12 September 2012
UNDER JOINT CHARGE MECHANISM, FOR EXAMPLE, IN SECURITY BILLS FROM PROPERITOR, 25% OF SERVICE TAX IS PAYABLE TO PARTY AND 75% TO SERVICE TAX DEPARTMENT DIRECTLY. MY DOUBT IS WHETHER I HAVE DEDUCT TDS ON (AMOUNT + 25% SERVICE TAX) OR AMOUNT + 100% SERVICE TAX, KINDLY CLARIFY
Pl quote any sections or tax laws for proving the same to my superiors.
CAclubindia
