MY PROBLEM IS AS FOLLOWS:
AN AUTHORIZED CAR SHOWROOM GIVE CASE (CUSTOMER REQUIRED LOAN FOR BUYING CAR FROM THE SHOWROOM) TO A BANK LIKE ABC BANK LTD.
IN THAT SHOWROOM HAVE LOTS OF SALES EXEXUTIVE WHO MAKING RELATION WITH CUSTOMER FOR BUYING CAR FROM SHOWROOM BY FINANCE PROCEDURE (THROUGH CAR FINANCE).
SHOWROOM PAID CERTAIN COMMISSION TO SALES EXE FROM THAT COMMISSION WHICH THEY EARNED FROM THAT BANK (FOR DISBURSE FINANCE FROM THAT BANK)
HERE ONE POINT CLEAR THAT SHOWROOM HAVE TO PAY SEVICE TAX AS THEY PRIVIDE SERVICE TO BANK (FOR LOAN ).
NOW, MY QUESTATION IS THAT, IS IT LIABLE TO DEDUCT SERVICE TAX FROM THAT COMMISSION WHICH SHOWROOM PAID TO HIS SALES EXECUTIVE.
AS PER PROVISSION TDS IS APPLICABLE BUT SERVICE TAX IS APPLICABLE THE ABOVE CASE?
CAclubindia
