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Tds & service tax on rent

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2014 Dear Sir ,

1)I have to Pay Rent Amount P.A. Rs.8.00 lac so I have to Deduct TDS 10% on Basic Amount
OR
ON Basis Amount + Service Tax Amount

Kindly Explain.... And

2)Service Tax 12.36% applicable on Amount which is Below Rs.10.00 lac OR NOT

Kindly Explain.....
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
04 June 2014 No TDS on Service tax as CBDT Circular.

ST only if amt exceeds 10 Lakh rs.
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CA Mandeep Singh

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CA Mandeep Singh (Expert)
04 June 2014 1) TDS is applicable on Basic Rent Amount excluding Service Tax.

2)10 Lac Exemption is only in case of Small Service Provider.



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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
06 June 2014 Only in case of rent, tax has to be deducted on amount exclusive of service tax.

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