CA Akhilesh Verma (Practicing Chartered Accountant) (55 Points)
23 February 2012“Ashok brothers” has contracted with CSPPL for providing facility of bus for employees. They are raising bill for their contract value, service tax, Diesel and Toll tax. TDS has been deducted on value of service and service tax amount but but in my opinion it should have been deducted on bill amount(i.e. inclusive of diesel and toll tax).
Q. In which amount tds is to deducted?
santhoshi
(Audit Manager )
(24 Points)
Replied 23 February 2012
Hi,
In my opinion if the diesel and toll amount recovered are actual amount without any markup then TDS will not apply .incase it is a fixed amount with mark up then it will come.
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GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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