In case of Foreign companies service tax liability is on service receiver.
Please advice while deducting Tax @ 20% or other rate service tax portion shall be added or not
2 Replies
Dhawal Mohnot
(Practicing)
(449 Points)
Replied 30 December 2010
TDS is not deducted on a statutory liability irrespective of whom the payment is being made to .....
sankalp
(Tax Consultant ( Income Service Sale Tax ))
(107 Points)
Replied 30 December 2010
You have to deduct Tds on inclusive of service tax
Update:05.07.2008:A clarification regarding applicability of circular 4/2008 has been issued by the dept to bombay chamber of commerce and clarified that section 194 J is not covered under circular 4/2008 .hence tds should be deducted on service tax under section 194J(professional fees)
As per my consideration it is applicable for u/s 195
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