17 March 2009
SERVICE TAX AMOUNT MAY NOT BE TAKEN INTO CONSIDERATION FOR DEDUCTION OF SERVICE TAX. THERE IS A SUPREME COURT DECISION TO THIS EFFECT. HOW EVER PEOPLE DEDUCT IT ON GROSS BILL AMT AS IT IS CONVENIENT TO DO SO BUT IF SOME PERSON SHALL OBJECT ON IT & ASK YOU TO DEDUCT ONLY ON THE NET OF SRVC TAX AMT. THEN YOU ARE OBLIGEDTO DO SO BY VIRTUE OF THE SUPEREME COURT CIRCULAR. CHECK THE LINK www.bcasonline.org supereme court decisions & you will find the judgement
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