TDS has to be deducted inclusing service tax.
TDS on Professional Services
Page no : 2
MukeshGupta
(Director)
(43 Points)
Replied 11 April 2011
Someone please clarify whether TDS is payable on difference in billing & realisation thereof. There is a circular that TDS is deductable on actual payament being made after adjustment of discounts etc.
Thanks
Gulshan Kumar
(Professional Accountant)
(119 Points)
Replied 12 April 2011
tds deducted on full bill amount
Piyush D. Acharya
(PROFESSIONAL)
(61 Points)
Replied 12 April 2011
TDS IS DEDUCTED ON FULL AMOUNT INCLUDING SERVICE TAX IN ALL SECTIONS OF TDS EXCEPT SECTION UNDER 194-I (RENT) WHERE TDS IS DEDUCTED ON AMOUNT EXCLUDING SERVICE TAX.
[CBDT Circular: CIRCULAR NO. 4/2008, (dated 28.04.2008]
CA.Manya Hari Dudani
(Chartered Accoutant)
(33 Points)
Replied 18 April 2011
TDS has to be deducted on entire value i.e including service tax, however except TDS u/s 194I should be deducted excluding Service Tax
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