Qn. For payment made to CA for Audit carried on by him, the bill has the service tax component in it. Now as per the provisions TDS is to be deducted on what amount?
(a) On Amount excluding service tax
(b) On Amount including service tax
(c) Whether TDS to be decuted on Out of pocket expenses claimed in bill?
2 Replies
Late CA Sampat Jain
(Chartered Accountant)
(4772 Points)
Replied 26 September 2007
On Amount including service tax
out of pocket expenses is not professional fees....no TDS reqd
To avoid disputes in this regard , obtain separate bill for out of pocket expenses
CMA Gul S
(Program Manager)
(5910 Points)
Replied 26 September 2007
Advisable to Make 2 bills for Audit and Out of Pocket Expenses
Recent Topics
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
Related Threads
CAclubindia
