04 May 2009
If we deduct Tds on the Gross amount(i.e on bill amt + service tax) Is it correct to do that? Because the effect was we deduct TDS on service tax also Plz calrify me?
04 May 2009
Tax is to be deducted on the gross amount(bill amount + service tax) of bill except for rent. For tds on rent circular 4/2008 dated 28/4/2008 can be seen in http://law.incometaxindia.gov.in/TaxmannDit/DispCitation/ShowCit.aspx?fn=http://law.incometaxindia.gov.in/dittaxmann/circular/cir4_2008.htm