please let me know if the amount paid/credited in Form 16A should include service tax paid to deductee.
my understanding is net of service tax is deducted and the amount shown as credited/paid is net of service tax.
kindly clarify.
thanks,
😂
Menu
TDS- clarification on amount credited
Replies (3)
YES, PROVIDED IT IS SEPARATELY BILLED.
Yes, the service tax is added on the total payment due to vendor and is shown separately in the invoice.
Sir, I could not find relevant section from the link you had mailed me. Trust my assumption is right. As mentioned by you, the service tax component is shown separately in the invoice.
Thanks,
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
