Is tds to be deducted on total bill amount including service tax? means is there tds on service tax also? pls clarify and provide the clarification if any frm the IT dept.
Sweta Jalan (Company Secretary) (177 Points)
29 January 2009Is tds to be deducted on total bill amount including service tax? means is there tds on service tax also? pls clarify and provide the clarification if any frm the IT dept.
Anup Gupta
(Service)
(52 Points)
Replied 29 January 2009
hi,
Attached herewith is the file which will solve ur query.
Anup Gupta
(Service)
(52 Points)
Replied 29 January 2009
| Originally posted by :Anup Gupta | ||
| " | hi, Attached herewith is the file which will solve ur query. |
" |
sorry missed the file
krishna iyer
(Sr.Finance Manager)
(197 Points)
Replied 03 February 2009
Subsequently, CBDT has clarified vide circular issued during May 08? that TDS need not be deducted on service tax on rental payments . This exemption is available only for rental payments. In all other cases, TDS is to be deducted for the sum paid to the contractors (inclusive of taxes etc).,
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