madhur sharma (student) (36 Points)
13 January 2016
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 13 January 2016
TDS should be deducted on both amount. i.e, On the value on which service tax is charged on the bill
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 13 January 2016
TDS should be deducted on both amount. i.e, On the value on which service tax is charged on the bill
madhur sharma
(student)
(36 Points)
Replied 13 January 2016
Thank you for your Instant reply
Can u sugest with some reference ?? @ Ajit
madhur sharma
(student)
(36 Points)
Replied 13 January 2016
Thank you for your Instant reply
Can u sugest with some reference ?? @ Ajit
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 13 January 2016
If the bill is not supported with documents it may attract disallowance as per IT tax, but in my opinion, TDS should be made based on the amount payable for the service received. Hence non availability of a supporting bill should not relate to TDS
ash_TRSS
(Article)
(311 Points)
Replied 13 January 2016
TDS to be made on Bill Value - Expenses Portion + Service charges Portion but excluding Service Tax in your case. I hope its clear to you
ash_TRSS
(Article)
(311 Points)
Replied 13 January 2016
TDS to be made on Bill Value - Expenses Portion + Service charges Portion but excluding Service Tax in your case. I hope its clear to you
Ramanuj
(Accountant.)
(834 Points)
Replied 13 January 2016
TDS IS deducted on air ticket charges less service tax amount. and supporting is not available its is not matter if tds is not Deducted expenses is disallowed.
thanks & regards
ramanuj
madhur sharma
(student)
(36 Points)
Replied 13 January 2016
But is there any reference for it any circular or case law etc @ all
ish kumar sharma
(Sr. Manager Accounts & Finance)
(301 Points)
Replied 13 January 2016
There is nothing specific for this but deduction of TDS is sure on both amount (Service amount and Exp charged amount) as the same happened in our case under scruitiny . AO asked for the deduction of the same. We also provide technicakl assisstance to our client and charge both service charge and visiting charges in same invoice and got TDS deducted on total amount excluding service tax.
hope now clear!!!
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 13 January 2016
Refer CBDT Circular 01/2014 dated 13.01.2014
ish kumar sharma
(Sr. Manager Accounts & Finance)
(301 Points)
Replied 13 January 2016
My dear friend @ Ajit , i appreciate your keenness to find things. But i think this circular was for inclusion and non inclusion of service tax for calculation of TDS but the question was whether TDS has to be deducted on expenses charged in the invoice . Please correct me if i am wrong.
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 13 January 2016
I know Mr. Ish Kumar. I know what I'm refering. Since you had already replied with no for any reference, my reply was as an additional information for his understanding
Ajit Hegde
(CA - Final)
(1367 Points)
Replied 13 January 2016
I know Mr. Ish Kumar. I know what I'm refering. Since you had already replied with no for any reference, my reply was as an additional information for his understanding
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