TDS ON SERVICE TAX
This query is : Resolved
26 March 2008
CAN U PLZ GUIDE ME, IS TDS SHOULD BE DEDUCTED ON ENTIRE BILL INCLUDING SERVICE TAX.IF IT IS POSSIBEL THEN SUPPORT UR REPLY WITH ANY CIRCULAR\NOTIFICATION
26 March 2008
Service Tax and Income Tax are completely 2 different kinds of taxes. Both are independent. So, TDS is to be deducted on the amount inclusive of Service Tax,VAT,etc.,
26 March 2008
Tds is always deducted on inclusive amount.
26 March 2008
TDS ia always deducted on the amount billed which includes service tax as well. So TDS should be deducted on amount entire bill including service tax.
Regards
Prasad.R
Regards
Prasad.R
27 March 2008
There is specific circular where it is given that TDS to be deducted inclusive of Service Tax
27 March 2008
TDS IS REQD TO BE DEDUCTED INCLUSIVE OF SERVICE TAX
27 March 2008
YES. TDS IS LIABLE TO BE DEDUCTED ON BILL VALUE AFTER ADDING SERVICE TAX.
SUPPOSE THERE IS VAT ADDED TO BILL . THEN ADD VAT TO BILL AMOUNT AND ON THE TOTAL AMOUNT TDS NEEDS TO BE DEDUCTED.
R.V.RAO
SUPPOSE THERE IS VAT ADDED TO BILL . THEN ADD VAT TO BILL AMOUNT AND ON THE TOTAL AMOUNT TDS NEEDS TO BE DEDUCTED.
R.V.RAO
27 March 2008
TDS is to be deducted on the basis of Payment or amount creditd whichever is earlier. And paid or credited amount will be inclusive of other taxes i.e. S.T., VAt etc.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
