Still we need to deduct TDS on service tax ? Please explain.
Amol A Giri (Account Executive) (31 Points)
02 April 2014Still we need to deduct TDS on service tax ? Please explain.
Sumit Grover
(Chartered Accountant )
(3652 Points)
Replied 02 April 2014
No.
TDS shall be deducted on the amount exclusive of service tax.The same is also substantiated vide Circular no. 01/2014 dated 13th Jan'14, issued by CBDT.
For the sake of convenience, the same has been enclosed herewith.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
