Tds & service tax
This query is : Resolved
11 December 2014
Our charted accountant send us Bill of Rs. 31460 (28000 Ass.Value + 3460 S.Tax) as a Professional Service Bill. Now As per Under Sec 194 J, I crossed the limit of Rs. 30000 but including Service Tax. Now, please tell me here I am liable to deduct TDS or Not bcoz excluding S.tax amount is only Rs. 28000?
Thank U
Thank U
11 December 2014
You are not liable to deduct TDS as it is within the thresh hold limit of 30000.
Message likes :
1 times
11 December 2014
TDS not required to be deducted in given case. Amount excluding service tax will be considered for threshold limit.
Message likes :
1 times
12 December 2014
you have to take value w/o service tax .
if cross the limit rs. 30000/- then deduct the TDS
if cross the limit rs. 30000/- then deduct the TDS
Message likes :
1 times
19 January 2015
what is the difference between fixed assets & capital goods, in simple meaning?
19 January 2015
Basically no difference. Capital goods are fixed assets itself.
20 January 2015
that means both are same?
how to define?
how to define?
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?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
