Urgent Help On TDS Related Query

Saivarma,

Payments made to travel agents is covered u/s 194C. The facts of the case is covered elaborately by CBDT in its circular # 713 Dt 08.08.1995. Where in it is provided that payments made to travel agents doesnot attract TDS.

Since there is specific exlusion from section 194C, TDS need not be done u/s 194C

Regards

CA VIshwas Aradhya | +91 95913 18000

itsvishwas @ gmail.com

Bangalore

Dear sir 

 they are Charging commission and service tax, our internal auditors are saying that TDS is to be deducted on Commission and service charge tax they are charging . is it Right?

My company deducting TDS @ 10% from may 2010 on my consolidated salary(23000/month) every month.How can i get return excess TDS which I have paid..?

Dear Saivarma,

Place the circlur mentioned in earlier post before them and check their point of argument.

Let us know on the discussion

CA Vishwas Aradhya

itsvishwas @ gmail.com

Originally posted by : saivarma
	Dear sir   they are Charging commission and service tax, our internal auditors are saying that TDS is to be deducted on Commission and service charge tax they are charging . is it Right?

Originally posted by : surendra
	My company deducting TDS @ 10% from may 2010 on my consolidated salary(23000/month) every month.How can i get return excess TDS which I have paid..?

TDS made on salary income from May 2010 to March 2011 will reflect in the form 16 issued by your employer. Please check the tax libility in the form 16, If TDS made is more than your Income tax liability, you have to file your income tax return before 31.07.2011 in form ITR 1.

Excess TDS made by your emloyer would be refunded by the Income tax department, back to your bank account

PS: Be sure to mention your account number and MICR code corectly in the income tax return filed

Best Wishes

Ca Vishwas Aradhya

itsvishwas @ gmail.com

Dear Sir/Madam,

Please confirm me that

1.how to treat/detect tds on online advertise payment by net banking/credit card to advertise company like indiatimes.com, submitedge.com, Google adwords etc. these company charge payment by papal or other method. But, these companies not provide option to charge TDS.

2.one more thing if we wish to pay towards Advertisement payment to party at USA

We have to deduct TDS or not ?

Originally posted by : Vivek
	Dear Sir/Madam, Please confirm me that 1.how to treat/detect tds on online advertise payment by net banking/credit card to advertise company like indiatimes.com, submitedge.com, Google adwords etc. these company charge payment by papal or other method. But, these companies not provide option to charge TDS. 2.one more thing if we wish to pay towards Advertisement payment to party at USA We have to deduct TDS or not ?

 Hello Vivek,

Thanks for bringing practical question to the forum.

1. While making the remittance (payment), pay the amount net of TDS. remit the same to the goverment and issue the TDS certificate for the same, to complete the cycle.

2. TDS on Advertisement Income of US entity is to be made only if, US entity has a permanent establihment (PE) in India. Please obtain a declaration/confirmation from them as to whether or not they have a PE in India.

Best Wishes

CA Vishwas Aradhya| +91 95913 18000

itsvishwas @ gmail.com

Bangalore

Whether we should deduct TDS on payments made for getting visiting cards printed where the vendor has charged VAT in the bill?

Dear Sir

Weather TDS should be made on Salary given in advance ?

Is there any limit for salary advance for TDS purpose?

Originally posted by : VIPUL K JOSHI
	Dear Sir Weather TDS should be made on Salary given in advance ? Is there any limit for salary advance for TDS purpose?

advance salary is the part of salary paid in the year and would be added in taxable salary, TDS would be applicable on salary+ advance salary, no limit prescribed. 

Originally posted by : CA Chhaya Desai
	Whether we should deduct TDS on payments made for getting visiting cards printed where the vendor has charged VAT in the bill?

printed visiting cards after vat is sales of goods to you 

you have to book the expenses in printing & stationary, 

no TDS apply.

Originally posted by : saivarma
	Dear Members                 My doubt related to , Just services is service provider to our company which book train ,air bus, tickets for us and charges service tax on that , here my doubt is while calculating TDS whether we have to take it on whole amount i.e train tickets amount and service charge or only on service charge . And under which section its included.

TDS provisions would not be apply on the component of travel passage voucher amount ( train/ air /bus ticket value) balance amount is subject to service tax and also subject to TDS.

Originally posted by : U S Sharma
	Originally posted by : VIPUL K JOSHI Dear Sir Weather TDS should be made on Salary given in advance ? Is there any limit for salary advance for TDS purpose? advance salary is the part of salary paid in the year and would be added in taxable salary, TDS would be applicable on salary+ advance salary, no limit prescribed.

 TDS will be applicable only if your consolidated Salary + Advance Salary - Deductions in Chapter VI i.e. u/s- 80C , 80D etc. exceeds the  basic exemption limit.