banner_ad

Whether tds is to be deduct on amount inclusive of service t

TDS / TCS 1574 views 3 replies

HEY GUYS ,

CAN ANY1 SUGGEST ME WHTHER TDS ON RENT IS TO BE DEDUCTED ON AMOUNT INCLUSIVE OF SERVICE TAX..???

LET A FIRM X & CO. ACQUIRED A OFICE FOR AMOUNT  OF RS100000 PER ANNUM UNDER A AGREMENT.

RS 100000 INCLUDES 70000 FOR RENT PURPOSE

RS 30000 INCLUDES FOR OTHER SERVICES..

PLEASE SUGGEST ME THE AMOUNT OF TDS TO BE DEDUCTED BY X& CO.

THE AMOUNT TO BE PAID AFTER TDS ..

 

THANX IN ADVANCE ....................

Replies (3)

For Rent, TDS is deducted on rent amount only, not on service tax amount. Therefore TDS @ 10% will be deducted on Rs 70000/- (exclusive to service tax amount).

 

What other services are there for Rs 30000/-? It depends on the services nature, how much TDS and under which Section, TDS will be deducted?

Agree with veenit...but as ur 1st sentence says "service TAX" then TDS to be deducted exclusive of service tax amount..

As per servive tax provisions Tax paid on gross amount which inculeds TDS amount.....!!!!!!!!!


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details