Easy Office
LCI Learning

Deduction of tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 April 2015 if they are charging vat on rental charges than tds will deducted or not ?


if yes , upon which amount

01 April 2015 VAT is not applicable on Rent. Service Tax will be applicable. Please ask them why are they charging VAT.

01 April 2015 If it is equipment rental like laptop on rent, they may charge VAT. If this is the case, you need to deduct TDS @ 2% u/s 194I




01 April 2015 According to me, TDS is to be deducted on 'Total amount on the bill less Service Tax'.

Let us wait for other opinions.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 April 2015 on printer rental carges they paid vat on 70% and service tax on 30% of the whole amount


whether they have to deduct tds or not

if yes upon which amount

02 April 2015 TDS to be deducted u/s 194I @2% if threshold limit of Rs 180000/- p.a. is crossed. TDS to be deducted on amount excluding VAT and Service Tax. If PAN not provided TDS to be deducted@ 20%.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 April 2015 tds to be deducted on amt including vat na sir

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 April 2015 can you give me one example sir






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries