Tds on transportation charges
Sumitmehta (manager) (43 Points)
16 May 2017Sumitmehta (manager) (43 Points)
16 May 2017
KRISHNANAND JHA
(ACCOUNTANT)
(33 Points)
Replied 16 May 2017
service Tax deducted only On 30% Of Total bill value (i.e on 30,000 out of 1,00,000)
CA Altamush Zafar
(GST Consultant)
(15961 Points)
Replied 16 May 2017
Sumitmehta
(manager)
(43 Points)
Replied 16 May 2017
Sumitmehta
(manager)
(43 Points)
Replied 16 May 2017
CA Altamush Zafar
(GST Consultant)
(15961 Points)
Replied 16 May 2017
Sumitmehta
(manager)
(43 Points)
Replied 16 May 2017
CA Altamush Zafar
(GST Consultant)
(15961 Points)
Replied 16 May 2017
Md Asif Iqbal
(Accountant)
(37 Points)
Replied 16 May 2017
Dear Sumit
Before deduting TDS kinldy check if transporter is not owning more than 10 goods carriage at any time during the previous year, then we, as payers (Tax deductors) have to obtain a declaration from transporter along with his copy of PAN before credit or payment to transporter, whichever is earlier. if he has less than 10 vehicals then TDS is not required to be deducted.
Regards
ASif
Farhaad Jiwani
(Tax Consultant at Nagpur)
(303 Points)
Replied 17 May 2017
VENKATESH M
(MANAGER - DIRECT & INDIRECT TAXATION)
(75 Points)
Replied 17 May 2017
if we are paying Service tax on RCM we should deduct TDS on 100,000 Because service tax is not charged in bill we are under obligation to discharge Service tax under Reverse charge mechanism . Kindly deduct TDS on 100,000 plz do not consider abated amount as it plays no role for Income tax act
PAWAN KUMAR CHOUDHARY
(Tax Consultant)
(30 Points)
Replied 17 May 2017
TDS to be deducted on Rs. 1,00,000/-
Registerexperts.com
(company registeration)
(34 Points)
Replied 10 November 2017
Are you paying service tax on reverse charge?
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