04 May 2013
I Haave a commission bill and an SEcurity charges bill. Both the bills show the basic amount and then the service tax charged by them. I need to deduct the TDS. Now the TDS is to be deducted on the Basic amount or its to be charged on the basic amount+the service tax charged?
04 May 2013
On amount inclusive of service tax.... In case of rent only(as per CBDT Circular), TDS is deducted on amount exclusive of service tax. In all other cases, on the amount inclusive of service tax
CAclubindia
