TDS u/s 194-I

This query is : Open

CA Amit Jaiswal (Querist)
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04 July 2011 Hi,
It is well settled that TDS u/s 194I is not applicable on Service Tax Portion.

Further, there is a doubt that in case of lease agreements whether TDS has to be deducted on VAT/CST portion.

Please tell me the relevant CASE LAW.

Thanks

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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05 July 2011 I think the circular of board is in connection with Service Tax only and that too is in respect of service tax on rental income only. The clarification of board is thus very much specific and should not be tried for any other taxes like VAT, CST etc. In order to avoid litigation, it is advisable to deduct TDS when it is not expressly exempt.

CA Amit Jaiswal

CA Amit Jaiswal (Querist)
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05 July 2011 Is there any case law in this regard

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