21 April 2014
Please clarify whether the circular 1/2014 issued by CBDT is applicable for section 194C or any amount deducted under section other than 194J.
21 April 2014
CBDT vide circular no.1/2014 dated 13.1.2014 has clarified that TDS will not be applicable on servicetax if charged seperately in the bill.. . . So with that circular it is clarified that tds not applicable on service tax for 194J.. . As it clearly says applicable for 194J we cant apply this for other section deductions . . . With above circular as of today we can say no tds applicable on servicetax component for 194I and 194J . For the rest tds may applicable